The methods and concepts presented in the bestselling first
edition revolutionized the approach to the management and control
of Lean companies. Enhanced with extensive end-of-chapter exercises
and a CD-ROM with Lean accounting tools, the second edition of this
preeminent practitioner s guide is now suitable for classroom
use.
Practical Lean Accounting: A Proven System for Measuring and
Managing the Lean Enterprise, Second Edition explains exactly what
it takes to transform a traditional accounting system to one that
supports and enhances a company s Lean efforts. Defining the
fundamental principles of Lean accounting, it demonstrates how to
use them to identify and eliminate wasteful transactions. The book
includes coverage of cell performance measurement, use of the box
score, operational and financial planning, cost targeting, Lean
accounting diagnostics, and value stream mapping. Retaining the
easy-to-use format that made the first edition a bestseller, this
updated edition includes:
- A new section on the use of value stream performance
measurements in continuous improvement
- A re-written Target Costing chapter that emphasizes a
value-based approach to the management of the Lean value
system
- A Lean Accounting Diagnostic tool to help you assess progress
and develop a plan for implementing changes
- Cutting-edge examples that illustrate implementation in
accounting departments
- A CD with data from the ECI Value Stream Cost Analysis case
study included in the text, Excel templates, and end-of-chapter
questions with solutions
The book contains a wealth of tools that makes it ideal for
company training sessions and advanced undergraduate and
graduate-level courses. For each major example provided, two
similar problems are included one for instructors to guide students
through and a second for students to work through on their own. An
additional set of problems and questions for testing purposes are
also available to instructors on the authors website.
Unfortunately, during the publishing process mistakes can be made
that are not caught before the book is printed. Productivity Press
takes great care to catch any errors prior to the printing stage.
If any errors are found that have an effect on the understanding of
a subject or mathematical equation, we have published them at:
http:
//www.maskell.com/lean_accounting/subpages/free_stuff/PLA2%20Errors%20_Corrections_20130130.pdf"
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