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(Solved) Management Accounting Assignment

   

Added on  2020-04-15

6 Pages821 Words73 Views
Running head: MANAGEMENT ACCOUNTINGManagement AccountingName of the Student:Name of the University:Author Note
(Solved) Management Accounting Assignment_1
1MANAGEMENT ACCOUNTINGTable of ContentsIntroduction................................................................................................................................2Reasons for the organization developing the Balanced Scorecard............................................2Organizational objectives, measures and targets of the Balanced Scorecard............................2Elements of the Balanced Scorecard..........................................................................................3Evaluation of the Balanced Scorecard system...........................................................................3Conclusion..................................................................................................................................4References..................................................................................................................................4
(Solved) Management Accounting Assignment_2
2MANAGEMENT ACCOUNTINGIntroductionThe issue presented in this particular study is that the consultancy firm 2GC excels inthe area of specialist strategy implementation and thought leader in the PerformanceManagement field. Now, 2G has been assigned with the task of redesigning the employeeperformance management system of a fast-growing international retailer. The approach usedby the consultancy is the balanced scorecard approach with the perspectives of results,activity and behaviors.Reasons for the organization developing the Balanced ScorecardThe reason for the organization developing the balanced score card is that this will notonly help to improve the employee performance of the organization but also will provide anoverview into the internal proceedings of business and the essentialities that is ought to bereviewed in order to improve the entire structure of employee management. The decision ofthe organization to utilize the balanced scorecard system is also supported by the fact that thetriple approach area that the applied technique attempts to cover does make the entireoperational framework that each employee is responsible to follow, easier to comprehend andsimpler to execute. The performance (result perspective) of the client organization includingthe non-financial aspects of it; the activity and behavior perspectives set a clear line ofobjectives for the employees at different levels of hierarchy by aligning the roles andevolving them by raising their standards (Cooper, Ezzamel, & Qu, 2017).Organizational objectives, measures and targets of the Balanced ScorecardThe organizational objective that is targeted to be achieved with the help of utilizationof the balanced scorecard is the implementation of an environment within the organization
(Solved) Management Accounting Assignment_3

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