If you are in the accounting department in a lean manufacturing company, and your company uses a standard costing system, it is inevitable that the you will be faced with dealing how your standard ...

Reluctant executives might "get" Lean Accounting when it is explained as a visual system. One of the challenges facing people who want to implement Lean Accounting at their companies is getting buy-in ...

“ The Lowdown on Lean Accounting ” ( JofA , Jul.04, page 69) was an excellent article. As a lean accounting practitioner, instructor and author, I would like to address some of its points. One ...

Traditional manufacturing refers to manufacturing principles focused on producing a certain set number of products each period and holding a reserve in case of unexpected demand or shortages. This ...

Business owners often use accounting to make business decisions and improve their company's operations. Management accounting is a primary internal function companies use to manage production ...

Ultimately, accounting standards enshrined in law impose the way in which certain aspects of lean – such as inventory reduction – will be reflected. The trick, it seems, is to develop accounting ...

Subscribe to BizTimes Daily – Local news about the people, companies and issues that impact business in Milwaukee and Southeast Wisconsin. Some Milwaukee-area manufacturers are finding that the ...