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Tag Archives: Value Stream Costing
LEAN DECISION MAKING: Part 2 – A Better LEAN Way
Last blog, I made the case for why standard costing is a poor, non-Lean way to make decisions in a Lean company. In case you missed it, here’s the link: http://blog.maskell.com/?p=894 You may agree or disagree. This time, I want … Continue reading
Is Your Company’s P&L Report “Un-Lean”?
Find out now. Take this quick quiz: I made an off-the-cuff remark a while back when I said the traditional P&L reports (or “Income Statements”) that are used by most companies in the US and around the world are “Un-Lean.” … Continue reading
Lean Accounting and Traditional Accounting Compared Part 7 – External Reporting
It is common for financial people within companies where I go to question this proposition (sometimes vehemently!) I have also been told many times that auditors require standard costing and not Lean Accounting, or that SOX mandates it. These are … Continue reading
Posted in Lean Accounting, Uncategorized
Tagged BMA Inc., Brian Maskell, Compared, Lean Accounting, Value Stream Costing
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