Assignment on Cima

Introduction

Since time immemorial is considered as a performance measurement tool for the importance and effectiveness of the management organization to control and to ensure appropriate performance goals and organizational goals.

Various studies have been done in connection with the measurement of performance it is primarily intended to improve the effectiveness of the performance of the evolutionary process. Keep in mind, evaluation or performance measurement is a component that has been accepted as a principle to ensure that the benefits for these organizations.

In addition, the performance is a process that produces a specific period and produced something to measure the ability, experience and motivation. Ability, experience and motivation to work is a key factor of production-quality performance of each employee.

An organization has benefited from an effective performance measurement includes the improvement of decision making and control, better communication and performance measurement and reporting provides decision-makers as a significant tool to achieve a level of accountability in the organization. So ultimately the ability to measure performance and progress will give meaning to the process of development and strategic planning and goals.

Here to know that the performance measure is to ensure that organizational goals are met the needs of customers in improving the quality level to minimize risk and increase profit organization. In addition, performance measurements will determine the level of the organization to be ranked good or otherwise.

The performance is one important aspect that must be dealt with either by an organization. However, the major problem that often occurs in the measurement of performance is why it has to be measured.

Performance measurement can be divided into two categories, financial accounting and management of accounting. Financial performance measures can be divided in several categories such as sales,