Throughput Accounting and Lean Accounting

Throughput Accounting and Lean Accounting

The purpose of management accounting is to support decision-making and performance management in an organisation.

As accountants, therefore, we must have a wide range of tools and techniques that we can use to support the needs of our organisations. Throughput Accounting and Lean Accounting are both examples of flow accounting that provide tools for process-orientated organisations.

Throughput Accounting is designed to support management accounting in organisations that are implementing the tenets of the Theory of Constraints.

Lean Accounting, like Throughput Accounting, focusses on improving the flow of work through a business process and provides a variety of flexible tools to measure, manage and improve performance.

This course covers the Theory of Constraints, Throughput Accounting and Lean Accounting to give learners a thorough grounding of the main issues. Topics covered include:

· What is the Theory of Constraints?

· What is Throughput Accounting?

· The Performance Measures of Throughput Accounting

· What is Lean Accounting?

· The Seven Aims of Lean Accounting

· Lean Performance Measures

· Performance measures and decision-making in Lean Accounting

· Accounting Transactions in Lean

· Throughput Accounting, Lean Accounting and the Financial Statements

There is a lot to cover and I have made it as clear and accessible as possible. Other than an interest in business finance and performance management, there are no pre-requisites for this course. I hope you enjoy it.

A grounding in the main issues in the Theory of Constraints, Throughput Accounting and Lean Accounting

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What you will learn

• The basics of the Theory of Constraints
• Key principles in Throughput Accounting
• Why "flow" is important in the Theory of Constraints, Throughput Accounting and Lean Accounting

Rating: 4.7

Level: Intermediate Level

Duration: 2.5 hours

Instructor: Ross Maynard