TAILIEUCHUNG - Lecture Principles of accounting (2005): Chapter 26 - Needles, Powers, Crosson

Chapter 26 - Performance management and evaluation. Chapter 26 discusses how a manager measures, reports, and evaluates performance for various types of responsibility centers. The balanced scorecard is discussed and linked to the management cycle. The calculation of performance measures such as return on investment, residual income, and economic value added are covered. | Performance Management and Evaluation Multimedia Slides by: Gail A. Mestas, MAcc, New Mexico State University Chapter 26 Learning Objectives Describe how the balanced scorecard aligns performance with organizational goals, and explain the role of the balanced scorecard in the management cycle. Discuss performance measurement, and state the issues that affect management’s ability to measure performance. Learning Objectives (cont’d) Define responsibility accounting, and describe the role that responsibility centers play in performance management and evaluation. Prepare performance reports for cost centers using flexible budgets and for profit centers using variable costing. Learning Objectives (cont’d) Prepare performance reports for investment centers using traditional measures of return on investment and residual income and the newer measure of economic value added. Explain how properly linked performance incentives and measures add value for all stakeholders in performance management

• Kế toán - Kiểm toán
• Principles of accounting
• Lecture Principles of accounting
• Nguyên lý kế toán
• Accounting information
• Performance management
• Evaluates performance
• Accounting principles
• Fundamental accounting principles
• Lecture Fundamental accounting principles
• Accounting information systems
• Fundamental system principles
• Technology based accounting systems
• Financial accounting
• Managerial accounting
• Managerial cost
• Reporting manufacturing activities
• Merchandising operations
• Accounting cycle
• Completing the accounting cycle
• Classified balance sheet
• Accounting for partnerships
• Partnership form of organization
• Basic partnership accounting