One outcome of lean is a reduction in inventory, and this creates a unique opportunity for accounting to simplify the inventory valuation process while maintaining compliance with Generally Accepted Accounting Principles (GAAP).  In this webinar you will learn: Join Nick Katko of BMA on October 11, 2023, at 11:00 am Eastern US time for this […]

Using lean to create a continuous improvement system for accounting is different than in lean manufacturing. The basic lean tools and practices are relevant for accounting, but the starting points […]

A value stream income statement is an essential analytical financial management tool for a lean organization. It presents revenue and expenses in a usable, easy to understand format for internal […]

In this webinar, Nick Katko will share BMA’s proven process for a successful lean management accounting transformation, which can be used by any lean company in any industry.  In this […]

Part 1 of the Value Stream Management Webinar Series Value stream management is the integration of lean accounting with lean practices into a holistic management system designed to serve customers […]

Part 2 of the Value Stream Management Webinar Series Value stream management is the integration of lean accounting with lean practices into a holistic management system designed to serve customers […]

Value stream management is the integration of lean accounting with lean practices into a holistic management system designed to serve customers better, improve productivity and improve financial performance. Value stream management practices are essential in sustaining a lean accounting transformation.  In a lean system, the strategy deployment/Hoshin process is designed to identify strategic improvement initiatives […]

Lean is a multi-faceted business strategy, with a primary focus on employees and learning. Through continuous improvement activities, people learn how to eliminate waste, serve customers better and improve productivity. […]