Prior to beginning work on this discussion, please read about the Economic Value Added (EVA) and the
Question:
Prior to beginning work on this discussion, please read about the Economic Value Added (EVA) and the Balanced Scorecardmanagement systems on the websites of theCorporate Finance Institute (CFI) and theBalanced Scorecard Institute(BSI) respectively. Links listed below
The consulting firm Stern Value Management designed the EVA and the Palladium Group designed the Balanced Scorecard as breakthrough performance measures to rank ordering processes for investments and help clients create value.
Prepare in an initial post a report describing the Balanced Scorecard and the Economic Value Added and their claimed advantages. Then compare these two systems to corporate and divisional performance measurement.
https://balancedscorecard.org/
https://corporatefinanceinstitute.com/resources/?topics=111064
Managerial accounting
ISBN: 978-0471467854
1st edition
Authors: ramji balakrishnan, k. s i varamakrishnan, Geoffrey b. sprin