Lean Accounting

There are two main thrusts intended for Lean Accounting. First is the application of lean techniques to the company’s data processing, control, and description processes. The second push of Lean Accounting is always to fundamentally change the actual accounting, control, and measurement processes so that they motivate lean modify and improvement, provide information that’s suitable for handle and decision-making, offer an understanding of consumer value, correctly assess the financial impact associated with lean improvement, and therefore are themselves simple, visual, and low-waste.