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 ...

There is an obscure accounting battle bubbling up around the world that has broad implications for how to run a business. The battle begins when a company starts to implement "lean manufacturing," a ...

“ 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 ...

Brian Maskell, noted Lean Accounting expert and co-author of the book Practical Lean Accounting, was the featured presenter at an IndustryWeek-hosted webcast entitled "Why the Lean Enterprise Needs ...

There has been a "quiet revolution" unfolding the past few years among lean manufacturers, centered on the idea that traditional accounting measures don't accurately reflect the true results that lean ...

When companies adopt the tools and tenets of lean enterprise, they must also retool their accounting systems. Lean accounting maximizes the return on investment that employers can realize from moving ...

When the recession hit in 2008, Watlow Electric Manufacturing Co. faced heavy losses and a tough decision. The 2,000-employee electrical equipment manufacturer could follow the conventional path and ...

The employees of an accounting department, by the nature of their job, focus on reducing costs. You might appreciate, however, the fact that you can improve the efficiency of your accounting ...