Title: Adapting the Balanced Scorecard and Activity-Based Costing to Higher Education Institutions

Authors: Mehenna Yakhou; Kevin Ulshafer

Addresses: Department of Accounting, The J. Whitney Bunting College of Business, Georgia College and State University, 231 W. Hancock Street, Milledgeville, GA 31061, USA. ' Computer and Information Resources & CIO, Wesleyan College, 4760 Forsyth Road, Macon, Georgia 31210, USA

Abstract: In recent years, Higher Education Institutions (HEIs) have seen increased demands for accountability, cost control, and efficient allocation of scarce resources, in the face of growing national and international competition for students and revenues. This study presents the Balanced Scorecard (BSC) and Activity-Based Costing (ABC) as novel approaches to help deal with these challenges.

Keywords: HEIs; higher education institutions; universities; balanced scorecard; BSC; activity-based costing; ABC; accountability; cost control; resource allocation; scarce resources; national competition; international competition; student places; revenues; education management.

DOI: 10.1504/IJMIE.2012.047270

International Journal of Management in Education, 2012 Vol.6 No.3, pp.258 - 272

Published online: 20 Dec 2014 *

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