Securing Higher Grades Costing Your Pocket? Book Your Assignment at The Lowest Price Now!

Phone no. Missing!

Please enter phone for your order updates and other important order related communication.

Add File

Error goes here

Files Missing!

Please upload all relevant files for quick & complete assistance.

Guaranteed Higher Grade!

ACCT 222 Management Accounting

tag 0 Download 16 Pages / 3,870 Words tag 26-07-2021
  • Course Code: ACCT222
  • University: University Of Canterbury
    icon is not sponsored or endorsed by this college or university

  • Country: New Zealand


1. Discuss four major limitations of conventional financial performance measures and explain how implementation of a BSC would help overcome each of these limitations.
2. Prepare a response to deal with the four concerns raised at the senior managers’ committee meeting about BSCs. 
3. From your notes on comments made at the meeting, comments from Ana Sneed, and your own reasoning, develop a possible BSC for the Wellington branch that includes: ¾ One objective, one lead and one lag indicator for each of the four perspectives of your BSC.  ¾ An explanation of how your notes have influenced your model. Describe the importance of each of the lead and lag measures you have included in your BSC.
4. You have reflected on the issue raised about the importance of linking the staff incentive scheme to the new performance measurement system, and have decided to develop a model of an incentive scheme that is linked to your BSC. You have discussed this idea with the CEO of CMF and he is very keen to see your recommendation on this. For this purpose, develop a staff incentive scheme linked to the BSC that you developed in Question 3 and explain how the scheme would work. You have decided to include: ¾ One measure from each perspective that you consider the most important and an explanation of why you chose that measure. ¾ Assumptions on specific values as a target for each of the measures – for example, if EVA is one of the measures, an assumption should be made on what the EVA target would be (for example, EVA of $5 million).  ¾ The weighting (order of importance) you would assign to each of your perspectives and a brief explanation why. (Note: The weightings should be out of 100%. For example, if you were to place equal importance on all the perspectives, the weighting for each would be 25% each.) ¾ An assumption that the incentive pay would be 20% of the base pay.
5.Present five reasons you consider could impede the implementation of a BCS in CMF, and explain how these should be dealt with to ensure successful implementation. 
Download Sample Now

Earn back the money you have spent on the downloaded sample by uploading a unique assignment/study material/research material you have. After we assess the authenticity of the uploaded content, you will get 100% money back in your wallet within 7 days.

Unique Document

Under Evaluation

Get Money
into Your Wallet

Total 16 pages

Cite This Work

To export a reference to this article please select a referencing stye below:

My Assignment Help. (2021). ACCT 222 Management Accounting. Retrieved from

My Assignment Help (2021) ACCT 222 Management Accounting [Online]. Available from:
[Accessed 03 December 2022].

My Assignment Help. 'ACCT 222 Management Accounting' (My Assignment Help, 2021) <> accessed 03 December 2022.

My Assignment Help. ACCT 222 Management Accounting [Internet]. My Assignment Help. 2021 [cited 03 December 2022]. Available from:

Stuck on Any Question

Our best expert will help you with the answer of your question with best explanation.

We will use e-mail only for:

arrow Communication regarding your orders

arrow To send you invoices, and other billing info

arrow To provide you with information of offers and other benefits

Phone no. Missing!

Please enter phone for your order updates and other important order related communication.

250 words
Error goes here

Error goes here

Files Missing!

Please upload all relevant files for quick & complete assistance.

We Can Help!

Get top notch assistance from our best tutors !
Excel in your academics & career in one easy click!


Other Samples

Content Removal Request

If you are the original writer of this content and no longer wish to have your work published on then please raise the content removal request.


5% Cashback

On APP - grab it while it lasts!

Download app now (or) Scan the QR code

*Offer eligible for first 3 orders ordered through app!

callback request mobile
Have any Query?