29 Dec Your team should prepare
ACCT505 – Managerial Accounting Team Case Study 3 – Week 6 Balanced Scorecard Case–Team Case(2-3 team members) (Course Objective G)
Many companies are using the Balanced Scorecard System to assist in their performance management. According to Garrison, Noreen, and Brewer, your textbook authors, a balanced scorecard “consists of integrated set of performance measures that are derived from and support a company’s strategy” (p. 519). In a Balanced Scorecard System the company’s strategy is translated into a system of performance measures that are used to monitor the company’s performance in meeting its strategic objectives.
As part of a two or three member team, your task is to identify and discuss the key performance measures of a balanced scorecard. Then, find two or three companies (one company per group member) that are currently using a Balanced Scorecard Systemby doing an internet andlibrary 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.
Deliverables
Your team should prepare a 6-9 slide PowerPoint presentation, explaining the specifics of the balanced scorecard system of the two or three companies (one company per group member) you selected in your research. This presentation should include your analysis of the advantages and disadvantages of each company’s Balanced Scorecard System.Be sure toclearly 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. Please introduce yourself prior to speaking.
APA standards are required to be followed for this presentation.
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