Lean Accounting and Management (Currently Unavailable)
Author: Ashraf Elkotaney
| CPE Credit: |
2 hours for CPAs |
In today's competitive global market, only businesses focused on achieving optimized process improvement can effectively compete and succeed. Lean principles focus on eliminating waste and producing only to meet customer’s demand. More and more enterprises are resorting to lean manufacturing and service delivery, and it is not possible for these companies to sustain in this lean manufacturing and lean thinking without transforming to learn to account as well. There are massive differences between the efficiency and effectiveness of average accounting departments and those that operate at a world-class level. The key difference is having a lean focus on how the operation is constructed and operated. The lean thinking approach is used to manage processes through the application of a continuous philosophy that's applied to the total elimination of operational and organizational waste.
Publication Date: March 2020
Topics Covered
- What is meant by lean thinking in an organization
- The elements of value stream mapping and 5S
- Different types of lean accounting strategies
- How to measure lean performance,
- How Lean Management can sustain 'lean production' in an organization
- How a company can transform its traditional system to a lean operation that can enhance the value of the company.
Learning Objectives
- Identify the key aspects of the five basic principles of lean accounting and management
- Recognize the key elements of lean operations and the costs that can be reduced by eliminating waste
- Describe the characteristics of Lean Operations
- Identify how manufacturing, service and merchandise companies apply the concept of Total Quality Management (TQM)
- Recognize and apply Lean Operational Accounting
- Recognize and apply Lean Management Accounting
- Recognize the steps (process) of Lean Accounting
Level
Basic
Instructional Method
Self-Study
NASBA Field of Study
Business Management & Organization (2 hours)
Program Prerequisites
None
Advance Preparation
None
