This book is organized into three parts. The first part quickly educates readers in lean manufacturing principles and vocabulary. The chapters in part two discuss adaptative thinking in the lean application of traditional accounting systems and tools such as standard accounting, regulatory compliance, and performance management for the lean environment. Part Three builds on the foundation with an in-depth exploration of more specific accounting challenges in the lean environment such as pricing custom products without a standard costing system, the ways that accounting motivates behavior in the lean enterprise, system designs for lean accounting, barriers to lean accounting, customer-driven lean cost management, and strategic deployment to drive profitable growth.
Book Details:
- Author: Joe Stenzel
- ISBN: 9780470087282
- Year Published: 2007
- Pages: 352
- BISAC: BUS001040, BUSINESS & ECONOMICS/Accounting / Managerial
About the Book and Topic:
This book is organized into three parts. The first part quickly educates readers in lean manufacturing principles and vocabulary. The chapters in part two discuss adaptative thinking in the lean application of traditional accounting systems and tools such as standard accounting, regulatory compliance, and performance management for the lean environment. Part Three builds on the foundation with an in-depth exploration of more specific accounting challenges in the lean environment such as pricing custom products without a standard costing system, the ways that accounting motivates behavior in the lean enterprise, system designs for lean accounting, barriers to lean accounting, customer-driven lean cost management, and strategic deployment to drive profitable growth.
Lean production techniques, developed in the latter half of the twentieth century, have revolutionized manufacturing efficiency. Many lean production techniques originated with the legendary Toyota Production System, which non-Japanese businesses have unsuccessfully attempted to import, graft, or adopt piecemeal without fully understanding the company-wide implications of lean production methods. Importantly, the traditional accounting control systems taught in all major business schools undermine lean operations management and are among the most common reasons for lean initiative failures. Unfortunately, the curricula of accountancy business schools and continuing professional education programs have not yet been updated to address how the management accountants work must change in the lean manufacturing environment.
Comprehensive treatment of the emerging lean accounting discipline. Contributing authors are recognized experts in lean methodologies as they apply to management accounting. Renowned business visionary H. Thomas Johnson is a contributing author to the book and powerful spokesperson for adopting a lean accounting approach.
About the Author
Joe Stenzel (Editor) is Co-Editor and Chief of the Journal of Cost Management (Warren, Gorham, and Lamont) Contributing Authors: H. Thomas Johnson, co-author of Relevance Lost: The Rise and Fall of Management Accounting, with Robert S. Kaplan, Profit Beyond Measure: Extraordinary Results through Attention to Work and People, and Relevance Regained, a follow-up to Relevance Lost. Brian Maskell, author of Practical Lean Accounting, Jim Huntzinger, Consultant and organizer of the Lean Accounting Summit, an annual gathering of leaders in the lean accounting field.