Critically assess the usefulness of a balanced scorecard for managing an organizations performanceQuestion 3The basic idea behind the Balanced Scorecard is that companies should plan and monitor not just bottom-line profit or earnings-per-share figures but the overall progress of the company in a balanced way.

Question 1Since the 1960s there has been a shift in management accountants roles from scorekeeper and corporate policeman to internal consultant and business advocate. Critically evaluate the statement with reference to the changing role of management accountants and provide suggestions where their future role(s) might lie.Question 2The balance scorecard gets its name from the attempt to balance financial and non-financial measures of performance. Critically assess the usefulness of a balanced scorecard for managing an organizations performanceQuestion 3The basic idea behind the Balanced Scorecard is that companies should plan and monitor not just bottom-line profit or earnings-per-share figures but the overall progress of the company in a balanced way. Identify and explain the four perspectives in the Balanced Scorecard and critically evaluate the claims made by its proponents.Question 3The basic idea behind the Balanced Scorecard is that companies should plan and monitor not just bottom-line profit or earnings-per-share figures but the overall progress of the company in a balanced way. Identify and explain the four perspectives in the Balanced Scorecard and critically evaluate the claims made by its proponents.

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