TOCICO

This presentation equips the audience to differentiate between lean accounting and throughput accounting, in order that they cope with the recent wave of interest in lean accounting. It fosters debate on cost-world vs. throughput-world thinking. Key learning points include: 1. Review of lean accounting literature, including recently published articles, books, internet discussions; 2. Show similarities and differences between the lean accounting and throughput accounting to measurement in operations; 3. Describe the different approaches to lean accounting, and the philosophical background. Benefits to attendees include: an overview of what the lean community is talking about with regards to measurement and accounting; understand differences between lean accounting and throughput accounting, enabling them to see when lean accounting is really cost accounting without absorption; attendees are able to cope with the recent deluge of writings on lean accounting, and work with practitioners to redirect thinking towards the throughput world.