Lean Accounting and Accounting for Lean
Traditional Accounting Problems: Understanding What It Costs to Run Your Business
Often when companies implement Lean and it is not a top-down initiative we find that Finance tends to be the first barrier to the implementation. This is typically because, by traditional measures, Lean initially looks like it’s creating poor financial results. Lean uses process-focused measures that eventually provide great results.
Our goal with this chapter is not to undermine the accounting or finance profession, as the people in these roles are highly skilled and talented. While acknowledging there are rules and laws, such as internal, external, and government compliance and audits that must be followed, we ...
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