Lean Accounting for Lean Manufacturing

When a company introduces Lean manufacturing methods in a production plant it is essential to change the accounting, control and measurement systems. The traditional accounting methods are harmful to Lean manufacturing because they lead people to make decisions that are contrary to Lean thinking and the systems themselves are very wasteful. But Lean Accounting is a great deal more than just applying lean thinking to bookkeeping. Lean Accounting answers the question; "How do we measure, manage, and control a Lean operation?"

In this fast-paced workshop, taught using group lecture, group discussion and interactive exercises, you will be introduced to the 7 principle tools of Lean Accounting and a series of practical and proven methods that when implemented, provide a true Lean accounting, control and measurement system. Discover how to move from traditional accounting to a Lean Accounting system, that actively supports Lean thinking, provides the vital information needed to build a lean business, motivates continuous improvement, and is itself simple, straightforward, and Lean.

Workshop Outcomes

• develop a practical action plan for the implementation of Lean Accounting as their organization matures with lean manufacturing. (Participants will receive the BMA Inc Lean Accounting Diagnostic Assessment to assist with the development of the action plan and a copy of the BMA Inc Standard Implementation Path for Lean Accounting.)
• present the methods of Lean Accounting to their colleagues and managers when they return to their organizations.  (Participants will be entitled to download a free copy of the presentation “Why Lean Accounting” from the BMA inc. web-site at www.maskell.com/LeanAcctg).

• Why is Lean Accounting important?
• Lean Performance Measurements
• Value Stream Costing
  • Solving the standard cost problem
• Lean decision-making – without standard costs
• Eliminating wasteful transactions
• Features and characteristics of product costing
• Calculating the true financial benefits of Lean improvement
• Target Costing
  • Driving the business from customer value
• How do we implement?
  • The maturity path approach
    

Cancellation Policy:
Registrations may be transferred to another colleague without charge.  To be considered for a refund, we must receive notification of cancellation in writing no later than 21 days prior to the start of the workshop.  Cancellations received within 21 days are subject to the full registration fee and money will be held on account for up to one year for use at a future workshop or conference.  There is a $200 processing fee for all cancellations.