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 […]

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 […]

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 […]

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 […]

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 […]

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 […]