Why Is Lean Accounting Important? Maturity Path to Lean Accounting. Cell Performance Measurements. Financial Benefits of Lean Manufacturing. Lean Financial Accounting. Managing by Value Stream. Value Stream Performance Measurements. Value Stream Costing. Using the Box Score. Calculating Product Costs—Features and Characteristics. Eliminating More Wasteful Transactions. Lean Financial Accounting II. The Lean Enterprise. Target Costing. Expanding Value Streams Outside Our Four Walls. The Lean Accounting Diagnostic. Performance Measurement Linkage Chart. Transaction Elimination Maturity Path Table. Value Stream Cost Analysis. Value Stream Mapping.
Brian H. Maskell
Praise for the New Edition:… a no nonsense approach to bringing
continuous improvement to areas of the company not normally
involved in the typical Lean implementation. Following the authors'
guidelines has allowed us to create an entirely new way of looking
at our company’s performance and has exposed many more
opportunities for improvement that we never knew existed.—Roy St.
Andre, Executive Vice President, EIS Wire & Cable Co. Practical
Lean Accounting is a fantastic book, and the new edition is even
better. This book makes a huge contribution towards understanding
how to measure and manage a Lean enterprise. The addition of many
new case studies and examples after each chapter, and more tools
and practical information on the accompanying CD, makes the second
edition worth buying again, even if you already have the first
edition. Last, but not least, the book is even better suited for
use in university accounting courses and in corporate Lean
accounting training programs. … destined to have a big, positive
impact on supporting organizations on their path to Lean
management.—Professor Bob Emiliani, Central Connecticut State
University Praise for the Bestselling First Edition:... focuses on
the key principle of Lean thinking, which is creating value for the
customer. This focus highlights the need to measure financial
progress from a perspective of relevant business issues and real
cost instead of traditional standard cost methods. This is a much
needed practitioner's book for the manufacturing industry.—J.T.
Battenberg III, Chairman, CEO and President, Delphi Corporation,
June 2004... provides a very comprehensive and straightforward
approach to this most difficult topic. A must read for the serious
Lean practitioner.—Mark DeLuzio, President, Lean Horizons
Consulting LLC, June 2004
... a highly readable and uncomplicated guide for financial and
other managers of Lean companies and will no doubt become an
invaluable reference for years to come.—Fred Garbinski, Parker
Hannifin Corporation, June 2004
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