Management Accounting (MA)

Background:
The Chief Operating Officer of DYX Distribution Plc has recently been e-mailed a copy of the Financial Reporting Council report on Improving (ESG) data production, published in August 2022. In the light of this report and recent criticisms from the board that there is a lack of environmental, social and governance (ESG) information available in the organisation, the Chief Operating Officer has asked you to investigate the viability of using Balanced Scorecards within DYX Distribution Plc (DYX).
Required:
Using the Case Study supporting notes and research into Balanced Scorecards, write a report to the Chief Operating Officer of DYX incorporating;
• A pilot Balanced Scorecard for the Executive Board that would support senior executives strategically and support ESG data production. (30% marks)

• A pilot Balanced Scorecard for the Distribution Division that would support all divisional employees operationally and support ESG data production. (30% marks)

• Based on appropriate academic literature and the context of the case study, critically evaluate the role of Balanced Scorecards as an effective management tool and in ESG data production. (30% marks)
• Based on your findings, recommend if the Executive Board and Distribution Division should use Balanced Scorecards as part of future management control systems. (10% marks)
Financial Accounting (FA)
Using the Case Study, identify a company in the relevant industry and then chose a company from that industry. You should then write a report on that company discussing the financial reporting framework, the critical accounting policies and the financial performance of that company among its peers. For example, Apple would be considered a technology company, you would analyse Apple’s financial performance in the technology industry by drawing comparisons with a benchmark or its closest competitor.