Coal Enterprises' Activity-Based Costing Performance Evaluation Based on the Balanced Scorecard and Numerical Analysis

The cost performance evaluation system used in all coal enterprises generally emphasizes the financial indexes and neglects non-financial indexes. Many problems such as one-sidedness, hysteresis quality nature and short-term nature were found in the system. Herein, the Activity-Based Costing performance evaluation system based on the balanced scorecard is put forward. Coal enterprises can be divided into group layer, activity center layer and activity execute layer. The corresponding cost strategic goal of each layer is decided, according to the four aspects of the balanced scorecard. And then the Key Performance Indicator (KPI) of each layer is determined. These indicators include not only the quantitative indexes about financial information but also the qualitative indexes. Therefore, the performance evaluation index system is fully perfected. Through the timely feedbacks of indexes' data from each layer and each phase of the cost performance in the strategy implementation process, through numerical analysis the effects of performance evaluation are achieved.