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Obtaining and developing useful accounting information is required
of any manufacturer to disclose information for both internal and
external purposes. However, today's accounting systems are
inadequate to provide the informational support required to meet
these objectives. This book is focused specifically on accounting
information for internal purposes and reveals the failure of
traditional cost and managerial accounting methods using both a
current and historical context. Lean Cost Management demonstrates
the importance of the relationship between the physical Lean
enterprise and accounting for continued success. It offers a
combination of principles, philosophies, and technical attributes
for a transition to a Lean enterprise and the role cost management
plays in this new enterprise. It is a must read for accountants,
engineers, and operational, business, and engineering managers.
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