ACCT505 Managerial Accounting
Team Case Study 3 Week 6
Balanced Scorecard Case
(Course Objective G)
Many companies are using the Balanced Scorecard System to assist in their performance management. According to Garrison Noreen and Brewer (2015) a balanced scorecard consists of integrated set of performance measures that are derived from and support a companys strategy (p. 490). In a Balanced Scorecard System the companys strategy is translated into a system of performance measures that are used to monitor the companys performance in meeting its strategic objectives.
As part of a two-member team your task is to identify and discuss the key performance measures of a balanced scorecard. Then find three companies that are currently using a Balanced Scorecard System by doing an internet and library database search. Internet searches as well searches of financial databases such as Yahoo Finance should help you in your efforts. Then discuss in as much detail as possible the specifics of the balanced scorecard that is being used by these companies.
Deliverable
You should prepare a 6-8 slide PowerPoint presentation explaining the specifics of the balanced scorecard system of the three companies you selected in your research. This presentation should include your analysis of the advantages and disadvantages of each companys Balanced Scorecard System. Be sure to clearly document the performance measures being used by each of the three companies.
Your PowerPoint presentation should be narrated using VoiceThread or similar technology. All team members must participate in the narration of the PowerPoint presentation.
APA standards are required to be followed for this presentation.
Reference
Garrison R.H. Noreen E.C & Brewer Brewer P.C. (2015). Managerial Accounting (15th ed.). New York NY: McGraw-Hill.