Budgeting and Balanced Scorecard

Continuing the scenario from the Modules 3 and 4 discussions consider the information provided by using a balanced scorecard.

• Discuss what a balanced scorecard is and how it might benefit your company.
• Identify and discuss the types of information that would be included in a balanced scorecard that would not be readily apparent on your financial statements.
• How could you use the information from the balanced scorecard to improve operations and increase your division's profitability? Provide at least three specific examples.

Be sure to cite any sources using APA style.