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Lean Accounting

Published on Apr 25, 2016

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PRESENTATION OUTLINE

1.

Implementation of Lean Accounting

Lebanon Gasket Company
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2.

Overview

  • Usefulness and Limitation of standard costing method
  • Lean Accounting practice and SMA insights
  • Comparison between Standard Costing method and Lean Accounting
  • Recommendation to improve competitive advantage position
  • Management Accounting Information System
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3.

Standard Costing: Usefulness

  • typical IS figures
  • Variance figures
  • Measure efficiency with historic cost
  • Capacity management
4.

Standard Costing: Limitations

  • Product pricing & mix
  • Inventory control
  • Combined Value stream cost
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5.

Value Stream

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