Webinar – Practicing Identifying Waste in Lean Accounting

The goal of identifying waste is to ultimately remove it through continuous improvement practices. Being able to identify waste in accounting processes allows accounting to distinguish between the activities which create value and those that do not. Waste in accounting can manifest itself in an entire process step or specific activities or tasks which must be performed in a process step. Being able to identify waste and understand its impact is the beginning of a learning process which will lead a lean accounting department to the path of continuous improvement.

In this webinar you will learn:

• The 8 wastes of lean (DOWNTIME) and how each manifests itself in accounting processes
• Basic methods to eliminate or continuously reduce each of the 8 wastes
• How to distinguish between value added activities and nonvalue added activities in accounting