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Is a Balanced Scorecard Useful in a Competitive Retail Environment?
By Timothy B. Biggart; Laurie L. Burney, CMA; Richard Flanagan; and J. William Harden
To find out if balanced scorecards are useful in the retail area, the authors examined managers’ perceptions of quality and satisfaction with their scorecard system at such a company. They looked at how perceptions differed across management levels and compared how the perceptions were related to the BSC scores and actual financial results.
Environmental Reporting Practices of the Largest U.S. Companies
By Timothy S. Creel, CMA, CFM, CPA
Many large U.S. companies report significant amounts of environmental activities via their websites and ads, but how committed are they to environmentally friendly business strategies. The author examined the practices of the Fortune 100 companies to verify if they did what they said and more.
Using Monte Carlo Simulation for a Capital Budgeting Project
By Virginia Clark, CPA; Margaret Reed, Ph.D., CPA; and Jens Stephan, Ph.D.
Although many types of analyses are useful in determining the scope and possible success of a project, Monte Carlo simulation actually helps managers understand and visualize risk and uncertainty by mapping all possible outcomes of a project. The authors show a case example of how to do it.
The Missing Piece in the CPE Pie
By Zabihollah Rezaee, Ph.D., CMA, CPA, CIA; Shahriar M. Saadullah, CPA; and Ran Zhang, Ph.D.
Because of the recent financial crises and scandals, there is a renewed interest in corporate governance and ethics courses for continuing professional education courses. The authors analyzed 30 CG&E programs worldwide and determined that governance and ethics need to be promoted further and included in courses for management accountants.