Evaluate use of ratio analysis and the Balanced Scorecards for performance management and monitoring

You have been asked as a group of management trainees to write a report to the board of management. This report should include an analysis of the performance of the company and should also include the use of Balance score card tool to highlight and suggest improvements to the company performance. Using financial statements of your chosen organisation, analyse the results of the organisation highlighting trends in performance using appropriate and relevant ratios and analysis techniques. Your analysis should: 1. Provide a meaningful Executive summary of approximately 250 words at the beginning of your report. 2. Provide a short introduction 3. Undertake literature review and critically discuss and evaluate the use of ratio analysis and the Balanced Scorecards for performance management and monitoring. 4. Comparison of latest year results with previous year results - (Horizontal analysis (also known as trend analysis) and Vertical analysis