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. However, calculating the actual financial impact of continuous improvement activities is sometimes difficult because traditional financial analytical practices are not “lean-focused.” Connecting continuous improvement to […]