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Balanced scorecard - Solving all problems of traditional accounting systems? - Khanh Pham-Gia
Vergriffenes Buch, derzeit bei uns nicht verfügbar.
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Khanh Pham-Gia:
Balanced scorecard - Solving all problems of traditional accounting systems? - neues Buch

2009, ISBN: 9783640382941

ID: 160687610

Research Paper (undergraduate) from the year 2009 in the subject Business economics - Business Management, Corporate Governance, grade: 1,0, University of applied sciences, Munich, language: English, abstract: Balanced Scorecard (BSC) is a modern management tool for performance measurement and was developed in the early 1990s to overcome the limitations of managing only with financial measures. The BSC supports translating organization´s strategy into action by defining specific goals and objectives associated with the organization´s vision, providing measures, and indicating initiatives to reach those goals. It helps to solve a big problem in the practice, namely the strategy concept is often brilliant but the realizations fail. The aim of this study is to analyze whether the Balanced Scorecard can solve all problems of traditional accounting systems. To answer this question, firstly, typical problems of traditional accounting systems are studied. Afterwards, the basic concept as well as benefits and drawbacks of BSC are viewed into details. Finally, the limits and difficulties of BSC realization in practice and initiates to avoid the pitfalls are illuminated. It could be stated, that the BSC provides a holistic thinking and a balance between financial and non-financial perspectives: finance, customer, internal business process, as well as learning and growth. It helps organization to implement strategy faster and more effectively. Moreover, BSC supports managers to perform the controlling tasks, namely planning, driving, briefing and monitoring organizational activities. However, the BSC also shows some limitations and difficulties whereby the pitfalls in the practise are based on design and process failures. To avoid these pitfalls useful initiates and special features for practical design of BSC should be implemented. Taking into account this rules BSC could be used as a powerful tool for strategic management accounting. Balanced scorecard - Solving all problems of traditional accounting systems? Bücher > Fremdsprachige Bücher > Englische Bücher Taschenbuch 31.07.2009 Buch (dtsch.), GRIN Publishing, .200

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Balanced scorecard - Solving all problems of traditional accounting systems? - Khanh Pham-Gia
Vergriffenes Buch, derzeit bei uns nicht verfügbar.
(*)
Khanh Pham-Gia:
Balanced scorecard - Solving all problems of traditional accounting systems? - neues Buch

2009, ISBN: 9783640382941

ID: 106746239

Research Paper (undergraduate) from the year 2009 in the subject Business economics - Business Management, Corporate Governance, grade: 1,0, University of applied sciences, Munich, language: English, abstract: Balanced Scorecard (BSC) is a modern management tool for performance measurement and was developed in the early 1990s to overcome the limitations of managing only with financial measures. The BSC supports translating organization´s strategy into action by defining specific goals and objectives associated with the organization´s vision, providing measures, and indicating initiatives to reach those goals. It helps to solve a big problem in the practice, namely the strategy concept is often brilliant but the realizations fail. The aim of this study is to analyze whether the Balanced Scorecard can solve all problems of traditional accounting systems. To answer this question, firstly, typical problems of traditional accounting systems are studied. Afterwards, the basic concept as well as benefits and drawbacks of BSC are viewed into details. Finally, the limits and difficulties of BSC realization in practice and initiates to avoid the pitfalls are illuminated. It could be stated, that the BSC provides a holistic thinking and a balance between financial and non-financial perspectives: finance, customer, internal business process, as well as learning and growth. It helps organization to implement strategy faster and more effectively. Moreover, BSC supports managers to perform the controlling tasks, namely planning, driving, briefing and monitoring organizational activities. However, the BSC also shows some limitations and difficulties whereby the pitfalls in the practise are based on design and process failures. To avoid these pitfalls useful initiates and special features for practical design of BSC should be implemented. Taking into account this rules BSC could be used as a powerful tool for strategic management accounting. Balanced scorecard - Solving all problems of traditional accounting systems? Buch (dtsch.) Bücher>Fremdsprachige Bücher>Englische Bücher, GRIN Publishing

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Balanced scorecard - Solving all problems of traditional accounting systems? - Khanh Pham-Gia
Vergriffenes Buch, derzeit bei uns nicht verfügbar.
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Khanh Pham-Gia:
Balanced scorecard - Solving all problems of traditional accounting systems? - neues Buch

2009, ISBN: 9783640382941

ID: 32bce2ed1545caf594a02e43bef4ef77

Balanced scorecard - Solving all problems of traditional accounting systems? Research paper from the year 2009 in the subject Business economics - Business Management, Corporate Governance, grade: 1,0, University of applied sciences, Munich, language: English, abstract: Balanced Scorecard (BSC) is a modern management tool for performance measurement and was developed in the early 1990s to overcome the limitations of managing only with financial measures. The BSC supports translating organization's strategy into action by defining specific goals and objectives associated with the organization's vision, providing measures, and indicating initiatives to reach those goals. It helps to solve a big problem in the practice, namely the strategy concept is often brilliant but the realizations fail. The aim of this study is to analyze whether the Balanced Scorecard can solve all problems of traditional accounting systems. To answer this question, firstly, typical problems of traditional accounting systems are studied. Afterwards, the basic concept as well as benefits and drawbacks of BSC are viewed into details. Finally, the limits and difficulties of BSC realization in practice and initiates to avoid the pitfalls are illuminated. It could be stated, that the BSC provides a holistic thinking and a balance between financial and non-financial perspectives: finance, customer, internal business process, as well as learning and growth. It helps organization to implement strategy faster and more effectively. Moreover, BSC supports managers to perform the controlling tasks, namely planning, driving, briefing and monitoring organizational activities. However, the BSC also shows some limitations and difficulties whereby the pitfalls in the practise are based on design and process failures. To avoid these pitfalls useful initiates and special features for practical design of BSC should be implemented. Taking into account this rules BSC could be used as a powerful tool for strategic management accounting. Bücher / Fremdsprachige Bücher / Englische Bücher 978-3-640-38294-1, GRIN

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Balanced scorecard - Solving all problems of traditional accounting systems? - Taschenbuch

2009, ISBN: 9783640382941

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Balanced scorecard - Solving all problems of traditional accounting systems? - Taschenbuch

2009, ISBN: 3640382943

ID: 19185867118

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Details zum Buch
Balanced scorecard - Solving all problems of traditional accounting systems?
Autor:

Pham-Gia, Khanh

Titel:

Balanced scorecard - Solving all problems of traditional accounting systems?

ISBN-Nummer:

Scholarly Research Paper from the year 2009 in the subject Economics / Business: Business Management, Corporate Governance, printed single-sided, grade: 1,0, University of applied sciences, Munich, language: English, abstract: Balanced Scorecard (BSC) is a modern management tool for performance measurement and was developed in the early 1990s to overcome the limitations of managing only with financial measures. The BSC supports translating organization's strategy into action by defining specific goals and objectives associated with the organization's vision, providing measures, and indicating initiatives to reach those goals. It helps to solve a big problem in the practice, namely the strategy concept is often brilliant but the realizations fail.The aim of this study is to analyze whether the Balanced Scorecard can solve all problems of traditional accounting systems. To answer this question, firstly, typical problems of traditional accounting systems are studied. Afterwards, the basic concept as well as benefits and drawbacks of BSC are viewed into details. Finally, the limits and difficulties of BSC realization in practice and initiates to avoid the pitfalls are illuminated. It could be stated, that the BSC provides a holistic thinking and a balance between financial and non-financial perspectives: finance, customer, internal business process, as well as learning and growth. It helps organization to implement strategy faster and more effectively. Moreover, BSC supports managers to perform the controlling tasks, namely planning, driving, briefing and monitoring organizational activities.However, the BSC also shows some limitations and difficulties whereby the pitfalls in the practise are based on design and process failures. To avoid these pitfalls useful initiates and special features for practical design of BSC should be implemented. Taking into account this rules BSC could be used as a powerful tool for strategic management accounting.

Detailangaben zum Buch - Balanced scorecard - Solving all problems of traditional accounting systems?


EAN (ISBN-13): 9783640382941
ISBN (ISBN-10): 3640382943
Taschenbuch
Erscheinungsjahr: 2009
Herausgeber: GRIN Verlag
68 Seiten
Gewicht: 0,111 kg
Sprache: eng/Englisch

Buch in der Datenbank seit 27.04.2010 12:27:50
Buch zuletzt gefunden am 19.06.2017 08:51:28
ISBN/EAN: 3640382943

ISBN - alternative Schreibweisen:
3-640-38294-3, 978-3-640-38294-1


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