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Lean Accounting supports the principle of eliminating waste and streamlining the business processes to create maximum value. So lean management accounting metrics is all about breaking away from traditional cost accounting cost objects like product or job and is driven by a new cost object 'Value Stream.' As part of lean accounting exercise, we define the scope of value stream cost object and map the business process activities to this cost object. Lean accounting helps organizations going through lean transformation to develop their management accounting systems to support the lean philosophy. Traditional accounting systems (particularly standard costing) result in decisions which are anti-lean.
What listeners say about Lean Accounting
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There is some good stuff in here
But.. you have to have great patience to play tolerate the repetition and the very dry delivery
Clearly the narrator has little understanding of the subject which is evident by his lack of passion or attempt at discussion
There is so much repetition it seems like the author was looking for filler to justify being able to market this as a book with many pages
Since I invested in the book with my time and money (purchased)... I do feel I received value.
There is as no story and there is no option for n/a
Would you recommend this audiobook to a friend? If so, why?
Really interesting. Good book!
What did you like best about this story?
Realistic, close to life.
What does Samuel Fleming bring to the story that you wouldn’t experience if you just read the book?
He gave life to words.
Was this a book you wanted to listen to all in one sitting?
I listened it in my free time
- mr m g kilgannon
Good Overview of Lean Accounting
Great way to separate the different silos of costs in a small manufacturing business, making it simple to see if your sales pricing is matched to your manufacturing cost, fixed costs and Ops costs.