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ACCT505 – Managerial Accounting
Team Case Study 3 – Week 6
Balanced Scorecard Case
(Course Objective G)
Many companies are using the Balanced Scorecard System to assist in
their performance management. According to Garrison, Noreen, and
Brewer (2015) a balanced scorecard “consists of integrated set of
performance measures that are derived from and support a company’s
strategy” (p. 490). 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-member team, your task is to identify and discuss the
key performance measures of a balanced scorecard. Then, find three
companies that are currently using a Balanced Scorecard System by
doing an internet and library 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.
Deliverable
Your team should prepare a 700 words Paper, explaining the specifics of
the balanced scorecard system of the three companies you selected in
your research. This presentation should include your analysis of the