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.
Learning Objectives
1. Recognize key attributes of a strategic-based responsibility accounting systems.
2. Identify the basic characteristics and outcome measurements of the Balanced Scorecard.
3. Identify operational objectives and Key Performance Indicators (KPIs) for each perspective.
4. Recognize how the Balanced Scorecard links measures to strategy.
5. Calculate key performance indicators.
To complete this course participants need to: Read the material provided and answer chapter review questions, successfully complete the qualified assessment with a minimum of 70% accuracy to receive your certificate.
Upon course completion A course evaluation form is provided for your feedback.
Participants have 1 year from the date of purchase/enrollment to complete this course
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