The Use of Balanced Scorecard and Material Flow Cost Accounting in Evaluating and Improving Sustainable Performance
A Thesis Submitted to
The Council of the College of Administration and
Economics – University of Karbala
As Partial Fulfillment of
Requirements for the Master Degree in Accounting Science
By
Zainab Mahdi Saheb Al- Julokhan
Supervised by
The Professor
Dr. Salah Mahdi Jawad Al-Kawaz
Abstract:
The research aims to apply the Balanced Score Card (BSC) technique to evaluate and improve sustainable performance by applying the material flow cost accounting (MFCA) technique. To achieve this research, the researcher relied on data obtained through field experience by the researcher in Al-Noura Laboratory – Karbala as a sample for the research research, in addition to data obtained from the laboratory records above.
The researcher reached several conclusions, the most significant of which are: The industrial sector in the country still relies on traditional method in the field of performance evaluation, which focuses on the financial aspect only of the economic unit without relying on the application of contemporary accounting techniques that are concerned with this field, perhaps the most prominent of which is the balanced scorecard, which contributes to evaluating comprehensive performance, considering that it focuses on the financial and non- financial aspects, in addition to applying the material flow cost accounting technique as an attempt to improve performance by providing a clear vision of wasted and lost resources, which will enable the economic unit (research sample) to identify areas that lead to an improvement in sustainable performance and achieving financial and non-financial balance.
