THE BALANCED SCORECARD
What is the BSC?
The Balanced Scorecard (BSC) is a framework for
the development and monitoring of strategy.
The BSC uses an iterative process that measures
the achievement of strategic objectives and uses
Topic 3 Strategic Cost Management
WHY CONVENTIONAL COSTING IS NO LONGER
Cost accounting systems have adapted over time to suit
Organisational structures, particularly those
TOPIC 5 FINANCIAL PERFORMANCE
Performance measures are a central component of
management control systems.
Making good planning and control decisions requires
information about how different responsibility
centres have performed
INTRODUCTION TO MANAGEMENT
In this subject we will be examining decision
making in organizations centred on such
1.What is the purpose of the organization?
2. How will the organization achieve its a
Topic 4 Activity Based Costing
ACTIVITY-BASED COSTING (ABC) AND
Cost accounting systems have adapted over time
to suit changes in
Management reporting requirements