Throughput Accounting And Lean Accounting
This course is designed for those interested to learn the basics of Theory of Constraints, why it is important with Throughput Accounting and Lean Accounting, the principles, the performance measures and quantifying the improvements from it.
About This CourseBeginner
This course covers the Theory of Constraints, Throughput Accounting and Lean Accounting to give learners a thorough grounding of the main issues.
Throughput Accounting is designed to support management accounting in organisations that are implementing the tenets of the Theory of Constraints. Lean Accounting, like Throughput Accounting, focuses on improving the flow of work through a business process and provides a variety of flexible tools to measure, manage and improve performance.
What you’ll learn:
- What is the Theory of Constraints?
- What is Throughput Accounting?
- The performance measures of Throughput Accounting
- What is lean accounting?
- The seven aims of lean accounting
- Lean performance measures
- Performance measures and decision-making in lean accounting
- Accounting transactions in lean
- Throughput accounting, lean accounting and the financial statements
Who this course is for:
- Accounting students
- Accountants and financial managers in business
- Management accountants
- Business managers with an interest in financial performance management
- Learners with an interest in process management and costing
- Anyone interested in business management and improvement
Our Promise to You
By the end of this course, you will have learned Throughput And Lean Accounting, theories and principles.
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Section 1 - Introduction
Introduction To The Theory Of Constraints
The Theory Of Constraints
Introduction To Throughput Accounting
The Measures And KPIs Of Throughput Accounting
Throughput Accounting Example
Section 2 - Lean Accounting Part 1
Introduction To Lean Accounting
Concepts In Lean Accounting
Lean Performance Measures
Creating Lean Performance Measures
Intermission: Test Your Knowledge Part 1
Section 3 - Lean Accounting Part 2
Introduction To Value Stream Management
Managing By Value Stream
Introducing The Tools Of Lean Accounting
Lean Decision Making – The Tools Of Lean Accounting
Box Score Example
Lean Accounting And Transaction Elimination
Introduction To Quantifying The Benefits Of Improvement Activity
Quantifying The Benefits Of Improvement
Lean Accounting And Customer Value
Planning By Value Stream
Section 4 - Summary And Lean Accounting Assignment
Summary: What We Have Learned In This Course
Test Your Knowledge Part 2
Lean Accounting Assignment
Lean Accounting Assignment Answer
Downloadable Materials – Throughput And Lean Accounting
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