Aligning the balanced scorecard and a firm’s strategy using the Analytic Hierarchy Process: the Analytic Hierarchy Process is used to provide insights to six companies to determine if each company’s performance system is aligned with its strategic objectives of implementing lean enterprise policies. A step-by-step process for using excel in AHP applications is described DeWayne […]
Category: Management Accounting Quarterly
A building-block approach for implementing COSO’s enterprise risk managementintegrated framework: here is a way organizations of all sizes, cultures, and risk experiences can apply the framework without becoming overwhelmed by it Brian Ballou EXECUTIVE SUMMARY: As a result of the highly publicized business failures, scandals, and frauds over the past several years, senior managers must […]
Balanced scorecard applications and model building: a survey and comparison of the manufactured homes and motor homes industries: an analysis of the performance measurement practices in the manufactured and motor homes industries focuses on the development of a balanced scorecard methodology that would enhance measurement accuracy and increase productivity and efficiency Charles J. Pineno EXECUTIVE […]
Resource consumption accounting applied: the Clopay case: in the October 2004 issue of Strategic Finance, we introduced a case study of Resource Consumption Accounting conducted by the RCA interest Group of the Consortium for Advanced Manufacturing-International at Clopay Plastic Products Company. Here we provide a more detailed description of the case Sally Webber Resource consumption […]
Does the balanced scorecard improve performance? Much of the evidence available to gauge the success of the balanced scorecard has been anecdotal. A recent survey of IMA members provides numbers. Do they reach a final verdict? You be the judge Gerald K. DeBusk EXECUTIVE SUMMARY A survey of IMA members in management positions indicates that […]
How corporate culture impacts unethical distortion of financial numbers: managing by Objectives and Results could be counterproductive and contribute to a climate that may lead to distortion of the system, manipulation of accounting figures, and, ultimately, unethical behavior Joseph F. Castellano The recent accounting scandals have highlighted the critical role that investor confidence in the […]
The role of strategy and culture in the performance evaluation of international strategic business units Priscilla O’Clock WHEN DESIGNING A MANAGEMENT CONTROL SYSTEM FOR A FOREIGN STRATEGIC BUSINESS UNIT (SBU), COMPANIES NEED TO CONSIDER THE JOINT IMPACT OF STRATEGY AND CULTURE TO HELP ENSURE THE SBU’S MANAGERS MAKE DECISIONS THAT ARE ALIGNED WITH CORPORATE OBJECTIVES. […]
Applying strategic cost analysis concepts to capacity decisions: strategic cost analysis helps companies identify, analyze, and use strategically important resources for continuing success and growth of the business Paul Juras EXECUTIVE SUMMARY The product with the highest unit profit may not be the product with the highest profit per unit of resource consumed. The Theory […]
How large corporations use data mining to create value Thomas G. Calderon MOST COMPANIES HAVE DEPLOYED DATA MARTS AND DATA WAREHOUSES, BUT ABOUT 35% SAY THEY DO NOT USE DATA MINING. WE REVIEW THE DATA-MINING PROCESS, WITH A REPORT ON A SURVEY OF PRACTICES AMONG FORTUNE 500 COMPANIES AND AN EXAMPLE OF A DATA-MINING TASK. […]
Are accounting graduates favorably recruited for entry-level management positions? A survey of recruiters of business school graduates finds empirical evidence to dispel the common misperceptions that a major in accounting limits students’ career opportunities or the type of work they will perform in their jobs W. Mark Wilder EXECUTIVE SUMMARY A major problem facing the […]