Lean Accounting for a Lean Organization

Traditional use of accounting systems has been to… account.  Essentially, accounting tools collect, manage and track financials, assets, inventory, and so on.  But there’s a growing opportunity to mine accounting’s data for areas of improvement, for areas of prioritization, and to expose the resultant success or lack thereof.  In other words, we can leverage accounting as a decision-making tool and as an expository mechanism regarding adjustments and progressions for the organization’s benefit. This is where Lean accounting comes...

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