You were recently employed as a management accountant in a ADX Energy Ltd which is listed on the ASX. The Managing Director of your company has formed a small taskforce to explore the possibility of implementing a Balanced Score Card (BSC) system in the company.

Prepare a report to provide advice on the suitability of the BSC for ADX Energy Ltd.

Note: Get annual report of ADX Energy Ltf from ASX Site.

A report should contain:

a) description of the company.

b) Calculation of Return on Investment (using net profit divided by total assets) and a discussion of the ways to improve ROI.

c) A description of the Balanced Scorecard (BSC) and its key components.

d) A description of the ways the implementation of the BSC can improve the competitive advantage(s) of the company.

e) A discussion and conclusion of the overall suitability of BSC to the company.