An introduction to lean accounting

How to get started with lean accounting
Highlights

To achieve success, a lean organization must develop an effective and efficient management accounting function that complements its financial accounting system to provide a knowledge base for effectively making decisions about the future (critical because the focus of financial accounting is on past activity).

Overview

Lean accounting makes relevant information available to decision-makers on a timely basis.

In this workshop, attendees will learn:

  • How to build and use a lean management accounting system to make relevant information available to decision makers on a timely basis.
  • Why lean organizations need lean management accounting systems.
  • How to sustain a lean management accounting system with lean financial coaches.
Company

BMA Inc. is the world’s leading lean accounting training and consulting firm. Its comprehensive education classes and lean accounting implementation approach are designed to create a robust, sustainable lean accounting system for any lean organization. www.maskell.com

Presenter: Nick Katko

Nick Katko is president of BMA Inc., and has leveraged his lean accounting experience and philosophy in assisting clients in developing, leading and coaching lean accounting transformations. He has also provided selected clients with lean strategy and lean office guidance. His clients range from family-owned businesses to multi-national companies in industries such as manufacturing, healthcare, software, engineering and service. In the 1990s, as CFO of Bullard, he implemented a complete lean management accounting system in conjunction with Bullard’s lean transformation, which included eliminating standard costing. Katko is author of “The Lean CFO" and co-author of “The Lean Business Management System." He is a certified public accountant, has a BS in accounting and an MBA in finance, both from the University of Kentucky.