Different Perspectives on Business Performance and Impact on Performance System Design

Abstract

Currently, increasing emphasis is placed on performance measurementand management. The paper is concerned with the connection betweenthe performance of an enterprise in general and financial performance.This connection has been naturally sustainably changing over time.Question of performance measurement is observed by a variety offunctional disciplines. The paper emphasizes the necessity to bring adiverse body of knowledge of performance measurement issues into acoherent whole. In subsequent part it deals with summarizing the mostimportant developmental tendencies of financial performancemeasurement and management accounting and with analysing of therelation of performance management and management accounting.