Throughput Accounting and Lean Accounting
A grounding in the main issues in the Theory of Constraints, Throughput Accounting and Lean Accounting
SKILLS YOU WILL GAIN
- The basics of the Theory of Constraints
- What Lean Accounting is and how it works
- The seven aims of Lean Accounting
- The five Principles of Lean
- The three levels of performance measure
- Performance improvement in lean accounting
- Kinds of Value Stream
- A brief history of cost accounting
- The principles of Lean Performance Measures
- A starter set of lean performance measures
WHAT YOU WILL LEARN
- Lean Accounting and accounting transactions
- Lean Accounting and Customer Value
- Throughput Accounting and Lean Accounting versus Financial Accounting
- Key principles in Throughput Accounting
- The performance measures and KPIs of Throughput Accounting
- A definition of lean
- What is Value Stream Management?
- Key Lean Accounting tools
- Quantifying the benefits of improvement
- Why plan by Value Stream?
Prerequisites
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Throughput Accounting and Lean Accounting
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