Scorecard Research

In the history of management accounting, it has been one of its main subjects all the time that how to set up an effective performance evaluation system, besides, performance evaluation system is an important part of company management too. Nowadays the enormous change has taken place in the economic environment, and the management theory of the enterprise has gotten considerable development too. Pain attention to financial performance in a short time excessively, traditional performance evaluation system has weakenned the value of the information. So, it is necessary to design a new set of performance evaluation system tailored to the present environment. The Balanced Scorecard (BSC), first put forward by Robert Kaplan and David Norton, is particularly noticeable with its framework. As an excellent performance evaluation system, BSC is introduced and carefully studied in this paper in order to provide a new way of designing scientific performance evaluation system for enterprise of our country.