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An unexpected loss created due to outdated calculation methods can be avoided through contribution margin calculation. Contribution margin are great for sophisticated monitoring of up-to-date situation in the company and as well it provides much better information than the accounting system....
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This paper focuses on the background research, development, and practical application of the Integrated Performance Measurement Systems and the associated audit methods. The research aims to explore the hierarchical structure and performance indicator relations, and to examine referential model...
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The article briefly describes financial nad nonfinancial indicators and compares their advantages and disadvantages as corporate performance measures. Shows several examples of nonfinancial indicators for corporate activities and for measurement of their aims. It could be inspiration for...
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