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Accounting in the Lean Enterprise: Providing Simple, Practical, and Decision-Relevant Information

Amazon.com Price:  $44.75 (as of 12/05/2019 17:54 PST- Details)

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Description

Despite the obvious need for transparency, a company’s Lean results can continue to hide in the back of the mask of traditional accounting and dilute some great benefits of a Lean implementation. When your organization opts to go Lean, you will have to empower your accountants with Lean tools that serve the Lean mission.

Winner of a Shingo Research and Professional Publication Award

Accounting in the Lean Enterprise: Providing Simple, Practical, and Decision-Relevant Information explains how to develop the information and financial reports that serve the needs of a Lean-minded business. It presents alternative methods of reporting, and includes a step by step guide for transitioning to Lean accounting methods. The book is divided into three parts:

  1. The Fundamentals of Lean as a Competitive Strategy
  2. The Nuts and Bolts of Lean Accounting
  3. Controls and Transition

Walking you through Lean tools, activities, and philosophies, it addresses one of the most most regularly asked questions about Lean implementations. It confronts a few of the fears that are the source of accountants’ resistance to change―including inventory management and valuation, GAAP compliance, and loss of regulate and benchmarks. Each fear is identified and resolved in a “Fear Box” inset, as the related topic is discussed.

Filled with checklists, guidelines, exercises, case studies, real-world examples, and company stories, the book will give you the tools it is very important provide relevant, timely, and actionable information to the decision makers in your Lean environment.


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