GET GUARANTEED SATISFACTION OR MONEY BACK UNDER R/617/4376 BUSINESS PERFORMANCE MEASUREMENT ASSIGNMENT HELP SERVICES OF MIRACLESKILLS.COM - ORDER TODAY NEW COPY OF THIS ASSIGNMENT!

Qualification - OTHM Level 6 Diploma in Accounting and Business

Unit Name - Business Performance Measurement

Unit Level - Level 6

Unit code - R/617/4376

Unit Credit - 20

Assignment Title - Business Performance Measurement

Learning outcome 1: Understand the principles of performance measurement.
Learning outcome 2: Understand performance analysis in for profit and not- for-profit organisations
Learning outcome 3: Understand specialist cost and management accounting techniques.
Learning outcome 4: Understand performance measurement reporting.

ORDER NEW R/617/4376 BUSINESS PERFORMANCE MEASUREMENT ASSIGNMENT & GET 100% ORIGINAL SOLUTION AND QUALITY WRITTEN CONTENTS IN WELL FORMATS AND PROPER REFERENCING.

Aim: The aim of this unit is to develop learners' understanding of performance management techniques. Learners will compare the systems used in profit making and non-profit making organisations. The learners will gain a working knowledge of performance measurement reporting and specialist cost and management accounting techniques.

Get assistance with Integrated Development Environment assignments for Unit 1 Programming in the Higher National Diploma in Computing.

LO 1

Importance of performance measurement: allows comparison to standards that have been set to identify deviations; helps in identifying cost reductions; helps to align activities to strategic plans; identifies best practice; supports reduction of risk; provides accountability and incentives; allows benchmarking to outside organisations; past data can help future forecasting; can support borrowing requirements; management of cash flow and working capital.

Functions of performance measurement systems: records accounting information; records transactions; analyses information for reporting purposes; management of information; resources planning; management and operational control.
Sources of information: internal and external sources; information required for control purposes; costs of direct and indirect data collection; limitations of data.

External factors: factors (stakeholders, market conditions, competition); making allowance for external factors in performance measurement and interpreting performance; identify impact of external factors.

Get support for understanding legal concepts related to running a business for your Higher National Diploma in Business.

LO2

For-profit organisations: private sector organisations (manufacturing, service retail etc.); calculate and interpret performance indicators (profitability, liquidity, risk); non-financial performance indicators; ways to improve measurement; analysing past performance; short and long-term views; balanced scorecard; building block model (Fitzgerald and Moon); qualitative targets.

Not-for-profit organisations: public sector and not-for profit organisations; objectives and targets of not-for-profit organisations; issues in measurement (non-quantifiable, multiple objectives, qualitative target setting); how performance can be measured; Value for Money objective; non-financial performance indicators; analysing past performance; long and short- term views.

Divisional performance measurement: reasons for measurement of divisional performance; impact of transfer pricing; issues in divisional performance measurement.

Receive assistance with Unit 13 Financial Reporting for the Level 5 Higher National Diploma in Business.

HIRE MOST ACCURATE R/617/4376 BUSINESS PERFORMANCE MEASUREMENT - OTHM LEVEL 6 DIPLOMA IN ACCOUNTING AND BUSINESS ASSIGNMENT HELP SERVICE!

LO3

Activity-based costing: definition and use; cost drivers; calculation of costs; comparison with absorption-based costing; benefits and limitations.

Target costing: definition; determining target cost in manufacturing and service industries; issues in service industries; benefits and limitations.

Life-cycle costing: definition; determining costs (stages and total); benefits and limitations.

Throughput accounting: definition and purpose; theory of constraints; calculating ratios; multi-product decision-making; benefits and limitations.

Environmental accounting: definition and purpose; methods of managing environmental costs; issues, benefits and limitations.
Transfer pricing: definition and use; issues for organisational performance measurement.

Seek guidance with Unit 32 Games Design Theory for the Higher National Diploma in Computing (RQF).

LO4

Reasons for reporting: management decision making; information for stakeholders; confidentiality and security when reporting.

Needs of different audiences: identifying and meeting needs of different audiences.

Learning Outcomes- The learner will:

Assessment Criteria- The learner can:

1. Understand the principles of performance measurement.

      Analyse the importance of performance measurement to organisations.

      Explain the main functions of performance measurement systems.

      Determine appropriate sources of information and data to carry out performance measurement.

      Analyse external factors that impact on performance

measurement.

2. Understand performance analysis in for profit and not- for-profit organisations

      Outline the systems and processes involved in performance analysis in for-profit organisations.

      Outline the systems and processes involved in performance analysis in not-for-profit and the public sector.

      Explain why divisional performance is measured in organisations.

3. Understand specialist cost and management accounting techniques.

      Evaluate the usefulness of activity-based costing.

      Assess how target costing and life-cycle costing are used by business organisations.

      Evaluate the relationship between throughput and environmental accounting.

      Explain the rationale for transfer pricing.

4. Understand performance measurement reporting.

      Explain why performance measurement is measured reported in organisations.

      Evaluate the needs of different audiences when reporting performance.

DONT MISS YOUR CHANCE TO EXCEL IN R/617/4376 BUSINESS PERFORMANCE MEASUREMENT ASSIGNMENT! HIRE TUTOR OF MIRACLESKILLS.COM FOR PERFECTLY WRITTEN OTHM LEVEL 6 DIPLOMA IN ACCOUNTING AND BUSINESS ASSIGNMENT SOLUTIONS!

RELATED COURSES & ASSIGNMENT SERVICE!!


COMMENTS(0)

LEAVE A COMMENT


Captcha

 

 

Are You Looking for Business Performance Measurement Assignment Help?


Get our OTHM Level 6 Diploma in Accounting and Business Assignment Help services for below mentioned units like:-

  • H/617/4379 Investment and Risk Management Assignment Help
  • L/617/4375 Corporate and Business Law Assignment Help
  • K/616/2735 Business Research Project Assignment Help
  • Y/617/4377 Financial Securities Markets Assignment Help
  • R/617/4376 Business Performance Measurement Assignment Help
  • D/617/4378 Audit and Assurance Assignment Help