The origins of lean are in manufacturing, but the principles, practices and tools are just as applicable for the accounting function. The core idea of lean for accounting is to serve customers better by eliminating waste. In this webinar you will learn how to deploy and use basic lean practices in the accounting department to […]
BMA hosts a monthly Lean Accounting Community Chat, which is a place for anyone interested in lean accounting to gather to discuss what’s on their mind, ask questions, learn, share and most of all to make friends and connections with others. This is a free event, but you must register (once) to receive the Zoom […]
In lean companies, it’s essential that the CFO become a Lean CFO early in the lean management accounting transformation process because you must be the leader. In smaller companies you may be actively […]
BMA hosts a monthly Lean Accounting Community Chat, which is a place for anyone interested in lean accounting to gather to discuss what’s on their mind, ask questions, learn, share and most of all to make friends and connections with others. This is a free event, but you must register (once) to receive the Zoom […]
Lean is a long-term business strategy, primarily focusing on employees and learning. Through various continuous improvement practices, employees learn to master their work, solve the right problems and help an organization learn how to do things tomorrow it cannot do today.The operational impact of continuous improvement is well known. Eliminating waste creates capacity, which can […]
Standard costing systems were designed for mass production manufacturing. In a lean company, using the information from standard costing systems to leads to non-lean behavior, poor decisions and: If you are in the accounting department in a lean company, and your company uses a standard costing system, it is inevitable that you will be faced […]
Standard costing systems were designed for mass production manufacturing. In a lean company, using the information from standard costing systems to leads to non-lean behavior, poor decisions and: If you […]
Please join me for The Lean CFO – 2nd Edition online book launch event on February 10, 2023, from 1:00 – 2:00 pm EST. As I was writing Practicing Lean Accounting I often […]
Standard costing systems were designed for mass production manufacturing. In a lean company, using the information from standard costing systems to leads to non-lean behavior, poor decisions and: If you […]
Taiichi Ohno said “Costs do not exist to be calculated. Costs exist to be reduced.” A little known benefit of lean thinking is it will reduce costs over time, but […]
