Monthly Archives: December 2012

Lean Accounting & Traditional Accounting Compared Part 2 – COST ACCOUNTING

Today’s blog is Number TWO in a series that will take a deep look at how and why Lean Accounting differs radically from traditional accounting.  Once again, I’ll show how each approach does or does not support Lean Principles.  (Click … Continue reading

Posted in Lean Accounting, Lean Culture, Management Accounting, Value Streams | Tagged , , , , , | 2 Comments

It’s About Spending, Not Costs – Part 2

Last blog, I laid out my CFO experience (and probably yours) using what I’ll call “traditional” cost management methods.    In this blog, I will lay out an alternate (and I believe much better) way for Lean companies to manage costs.   … Continue reading

Posted in Lean Accounting, Uncategorized | Tagged , , , , , | 1 Comment

It’s About Spending, Not Costs – Part 1

During my days as a working CFO, my #1 job was financial review and analysis. I had to explain my company’s financial results to all those reading our financial statements.  Like all CFO’s, I had to understand the company’s costs, … Continue reading

Posted in Lean Accounting, Uncategorized | Tagged , , , , , , | 5 Comments