This week’s topics
Performance Analysis in For-Profit Organisations
- Shareholder wealth maximisation
- Financial ratio analysis
- Economic Value Added (EVA)
- The Balanced Scorecard approach
- CIMA P2 Financial Performance Measurement
- Divisional Performance Measurement: Economic Value Added - ACCA (APM)
- Kaplan and Norton’s Balanced Scorecard - Non-financial performance measurement
What you will be able to do
- 2.1 Outline the systems and processes involved in performance analysis in for-profit organisations.
Activity
Start with this week’s 3 videos, then: Seminar, guided reading and a short written task: outline the systems and processes involved in performance analysis in for-profit organisations.
Study materials
Videos
- CIMA P2 Financial Performance Measurement · YouTube · OpenTuition · 45 min · for registered students
- Divisional Performance Measurement: Economic Value Added - ACCA (APM) · YouTube · OpenTuition · 34 min · for registered students
- Kaplan and Norton’s Balanced Scorecard - Non-financial performance measurement · YouTube · OpenTuition · 10 min · for registered students
- Shareholder Value to Stakeholder Interests: CEO Capitulation or Empty Doublespeak? · YouTube · Aswath Damodaran · 33 min · for registered students
Further resources
- Managerial Accounting, ch. 13: How Do Managers Use Financial and Nonfinancial Performance Measures? · PDF · Saylor Academy, textbook chapter; pp. 883–972 · for registered students
- Principles of Accounting, Volume 2: Managerial Accounting, ch. 12: Balanced Scorecard and Other Performance Measures · PDF · OpenStax, textbook chapter; pp. 565–604 · for registered students
- Intermediate Financial Accounting Vol. 2, Lyryx 2021-A, ch. 22: Putting It All Together: Disclosures and Analysis Overview · PDF · Other, textbook chapter; pp. 405–442 · for registered students
Materials marked “for registered students” open in the student portal, which is set up as soon as you receive final acceptance.
