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 ...

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 ...

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 ...

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 ...

In the “Benefits of Lean Accounting in a Lean Manufacturing Company,” author Dan Anthony discusses the major differences between traditional and lean accounting, starting with a quote from Taiichi ...

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 ...