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dc.contributor.authorBeechey, John
dc.description.abstractThere is a school of thought that advances the proposition that "traditional" financial accounting KPI's are insufficient to track how a business is moving towards its strategic objectives. Traditional accounting does not link physical measures and profit. Nor does it identify the relationships between the business drivers, nor does it differentiate between leading and lagged KPI's. New techniques, such as the balanced scorecard, active learning and benchmarking, are more powerful and forward looking. We cannot subscribe totally to the view that "traditional" accounting is dead, if only because legislation and stewardship require accounts to be produced. The newer techniques should supplement "management" accounts, not replace them. Before we can develop management accounts (accounting) further, current standards of "traditional" accounting presentation need to be addressed in order to get the basics right as a sound foundationen_NZ
dc.rightsAll rights reserveden_NZ
dc.subjectkey performance indicators (KPI)en_NZ
dc.subjectbalanced scorecarden_NZ
dc.subjectactive learningen_NZ
dc.titleExploring the relationship between KPI's and the information they give the reader in the form of reportsen_NZ
dc.typeConference Contribution - Oral Presentationen_NZ
dc.subject.marsden150105 Management Accountingen_NZ
dc.identifier.bibliographicCitationBeechey, J. (2003, February). Exploring the relationship between KPI's and the information they give the reader in the form of reports. Paper presented at the Performance Measures for Budgeting, Planning & Financial Reporting Conference, Auckland.en_NZ
unitec.institutionUnitec Institute of Technologyen_NZ
unitec.conference.titlePerformance Measures for Budgeting, Planning & Financial Reporting Conferenceen_NZ
dc.contributor.affiliationUnitec Institute of Technologyen_NZ
unitec.institution.studyareaAccounting and Finance

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