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Financial Accounting & Reporting | Assignment

   

Added on  2021-06-16

16 Pages3523 Words21 Views
FINANCIAL ACCOUNTING & REPORTING ASSIGNMENT

1By student name ProfessorUniversityDate: 18 May 2018.1 | Page

2Executive SummaryThis report has been prepared on the topic of balanced scorecard. The report studies the benefitsof this approach in comparison to traditional methods of performance. The report also includes abrief description about the client, i.e. its nature of business, key priority areas and the suitabilityor unsuitability of the balanced scorecard approach. In the end a conclusion is drawn on thepossible benefits that would follow to the company if it chooses to implement the balancedscorecard. A specimen balanced scorecard is also presented as a part of the report which focuseson all the four perspectives from the point of view of the client.2 | Page

3ContentsIntroductionDescription of the firm’s client – Woolworths Group4Description of BSC and its features5Difference between BSC and Traditional Performance Measurement systems8Suitability for the Firm’s Client11Conclusion15References163 | Page

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