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Management Accounting Assignment Solution (PDF)

   

Added on  2021-06-16

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Management AccountingMicrosoft
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Management Accounting 1ContentsIntroduction......................................................................................................................................2Overview of company......................................................................................................................3Ambitions of company................................................................................................................3Strategy........................................................................................................................................3Balanced Scorecard.........................................................................................................................4Financial perspective...................................................................................................................5Customer perspective...................................................................................................................6Internal business process perspective..........................................................................................6Learning and growth perspective.................................................................................................7Major benefits..............................................................................................................................8Features of a balanced scorecard.....................................................................................................8BSC is different from traditional performance measurement systems............................................9Suitability to firm’s client..............................................................................................................10Conclusion.....................................................................................................................................13References......................................................................................................................................14
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Management Accounting 2IntroductionThe aim of the report is to talk about identification of the suitability of the balanced scorecard forthe client’s firm. Being the recently employed consultant in the management consultancy firm the work that is assigned to you is the evaluating of the budgeting system of the client’s firm thatis Microsoft. The company is one of the well-known and leading companies across the world. Recently the CEO of the Microsoft Company has attended a seminar related to the BSC in one ofthe private companies. After the seminar, the company is looking to know the whether BSC model is suitable for the company or not. This report is prepared with the motive to provide the suitability of the model to the company. Moreover, the report will also include the difference between the traditional approach and the balanced scorecard model of the company. In the end, this report will reflect the suitability of this approach to the firm. It is essential for any business to analyze all the features and benefits of the accounting method before implementing the same in the business. Moreover, the companies also check the suitability of the approach with their current business strategies because every company brings changes in their business strategies and objectives considering the changes in the environment in which the company performs its operations.
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Management Accounting 3Overview of company Microsoft Corporation is a well-known American multinational technology company with the headquarters in Redmond, Washington. The company develops, licenses, manufactures, supportsand sells computer software, consumer electronics, and the services. The company was established by Paul Allen and Bill Gates in the year 1975 on 4th April. The company offers its services in approx. more than 190 countries across the world (Microsoft, 2018). The mission of the company is to empower every person and then every company that is available on the planet to accomplish the more. The company believes in the innovation to reinvent productivity so that their operations become a competitive advantage. The company believes in the technology innovation which is one of the critical to the sustainable social development and the economic growth.Ambitions of company Reinvent business processes and productivity Build the intelligent cloud platform Formation of more personal computing Strategy The company’s strategy is to form the best-in-class platforms and productivity services for an intelligent cloud. The company brought the changes in their phone strategy that result in the reduction in the units that are sold and linked with the expenses in the fiscal year 2016 and 2017. This change in the strategy brought the opportunity under which they can increase the strategic investment and acquisitions to drive the cloud innovation (Microsoft, 2018).
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