|Author :||Jae K. Shim, Ph.D., CPA|
|CPE Credits :||3.0|
|IRS Credits :||0|
|Passing Score :||70%|
|Primary Subject-Field Of Study:||
Management Services - Management Services for Course Id 555
The Balanced Scorecard (BSC) is a strategic-based responsibility accounting system that converts an organization’s mission and strategy into operational objectives and measures for four perspectives: the financial perspective, the customer perspective, the internal process perspective, and the learning and growth perspective. The course addresses the main features of the Balanced Scorecard and its implementation. Presented are several notable case studies that implemented and applied the BSC.
|Usage Rank :||0|
|Experience Level :||Overview|
|Additional Contents :||Complete, no additional material needed.|
|Additional Links :|
|Advance Preparation :||None.|
|Delivery Method :||Self-Study.|
|Intended Participants :||Anyone needing Continuing Professional Education (CPE).|
|Revision Date :||26-Feb-2015|
|NASBA Course Declaration :||Participants must complete the final examination within one year of purchase and with a minimum passing grade of 70% or better to receive CPE credit unless otherwise noted on the Course History page (i.e. California Ethics must score 90% or better). After logging in click on the Course History links on your My Courses page for the Begin date and Expire date for the Final Exam.|
|Approved Audience :||
NASBA QAS - NASBA Registry - 555
|Keywords :||Accounting, Balanced, Scorecard, StrategicBased, Control, cpe, cpa, online course|
|Learning Objectives :||
Course Learning ObjectivesAfter studying this course, you should be able to:
2. Discuss the basic characteristics of the Balanced Scorecard.
1. Outline operational objectives and Key Performance Indicators (KPIs) for each perspective.
2. Construct the Balanced Scorecard tailored to different industries.
3. State how the Balanced Scorecard links measures to strategy.
4. Explain how an organization can achieve strategic alignment.
5. Cite some key case studies applying the Balanced Scorecard.
|Course Contents :||
Chapter 1 - The Balanced Scorecard: Strategic-Based Control
Course Learning Objectives
Activity-Based Versus Strategic-Based Responsibility Accounting
Establishing Performance Metrics
KPIs and Evaluation
Basic Concepts of the Balanced Scorecard
Financial Perspective: Objectives and KPIs
Customer Perspective: Objectives and Measures
Review Questions – Section 1
Internal business process Perspective: Objectives and KPIs
Learning and Growth Perspective: Objectives and KPIs
Scorecard for a Biotechnology Firm
Applying the Balanced Scorecard to a School District
Scorecard for a Consumer Products Firm
The Balanced Scorecard and United Parcel Service
Balanced Scorecard and Nonprofits
Linking KPIs to Strategy
Sustainability and Performance Evaluation
Implementing a Balanced Scorecard
Case study 1: Mobil Corporation
Case Study 2: Tesco
Case Study 3: Toyota
Case Study 4 - International Baccalaureate
Review Questions – Section 2