THE BALANCED SCORECARD: STRATEGIC-BASED CONTROL
Field of Study:
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.
After completing this course you will be able to:
- Recognize key attributes of a strategic-based responsibility accounting systems.
- Identify the basic characteristics and outcome measurements of the Balanced Scorecard.
- Identify operational objectives and Key Performance Indicators (KPIs) for each perspective.
- Recognize how the Balanced Scorecard links measures to strategy.
- Calculate key performance indicators.
Type of delivery method:
Recommended CPE credits:
Final examination expiration date:
The program participant will have one year from the date of purchase to complete the course and final examination.
Web CPE is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org