Costs of quality: how to assess them?
Tons of dollars are being wasted all over your organisation... Can you afford not to?
Lean Accounting
A new way of handling financial information in the philosophy of value-added production.
Description of the course
Companies are transforming and implementing improvement initiatives and programmes(Lean, Six Sigma, Kaizen). But management information struggles to reflect the results obtained. Produced by support sectors such as the finance department, it even tends to show that improvement initiatives do not generate the expected savings.
Lean Accounting compiles, transforms and produces relevant management information that reflects the Lean philosophy and value-added production. It enables proper assessment of improvement efforts and more informed decision-making. And it produces cost and profit information that is accurate, easy to understand and useful for operations.
In addition to providing an adequate account of the Lean strategy, Lean Accounting reduces the effort of the accounting department by letting them focus on their core business. It also helps to reduce waste, free up capacity, speed up processes and reduce errors.
For online training, meeting invitations will be sent to you 48 hours in advance and will contain the web links to access the training. Make sure you have the necessary equipment to be able to hear and communicate with the trainer! The material will be sent to you as a link or PDF file to your email address.
General objective
Participants will be able to learn the basics of Lean Accounting, assess their current practice and make a shift to better meet the performance information needs of an organisation implementing a Lean strategy.
Who is this training for?
This course is aimed at executives, managers, change agents, Lean agents, leaders or quality and continuous improvement specialists.
Benefits
- Understand the reasons behind the change in approach.
- Carry out a diagnosis of the positioning of your organisation in relation to Leanpractices.
- Know which practices to implement and which to eliminate.
- Know how to think about the action plan to support value chains in their improvements.
- Enable finance staff to be positive actors in the improvement of the organisation.
Details of the course
Reminder of Leanpractices
- Traditional versus process-oriented organisation
- Value chain management
- Leantools
Lean Accounting
- The origins
- The problems generated by the traditional approach
- The fundamental principles
- The disadvantages of traditional performance indicators
- The new Leanperformance indicators
Building the Lean AccountingSystem
- Appropriate financial information
- Financial statements in the context of Lean Accounting
- The presentation of management information
- Steps, pitfalls and success factors
The impact on accounting processes
- Fundamentals of costing in Lean Accounting
- Review of accounting processes
- Adjustments to be made by accounting and finance staff
Next session
No sessions available at the moment.
You can join the waiting list for this training.
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