LA0905 - Lean accounting Master Class

LEAN ACCOUNTING MASTER CLASS
Location: Asolo (Venice area), La Fornace dell'Innovazione, Italy
Speakers: Nicola Gianesin, Ross Maynard, Alberto Canepari.
Period: 21,22 may 2009

What Is The Purpose Of The Master Class?

The purpose of the 2-day Lean Accounting Master class is to provide a detailed description of the method of Lean Accounting, because Lean Accounting:

Actively supports the lean transformation.

Helps grow the business by providing better information for better decisions.

Provides lean-focused measurements and reporting that motivate lean change.

Shows the true financial impact of lean improvement leading to growth and profitability.

Provides information that is clear and understandable to everyone, without obscure financial language.

Is itself lean, simple, and low waste.

Lean Accounting Master Class - Agenda

The key topics covered in the two-day Lean Accounting Master class are:

Thursday 21^st Maggio - Morning
The Background to Lean Accounting	A brief history of lean management and the role of management accounting. The key principles and main tools of lean accounting.
Solving the Standard Costing Problem	Illustrating the dangers of using "Standard Costing" in a lean environment.
Lean Performance Measurements	Defining lean performance measures and linking them to management accounting data. The "Performance Linkage Chart" of performance measures - from strategic to cell level.
Value Stream Costing	Defining Value Streams and preparing the Value Stream Profit and Loss Account. Exercise
Thursday 21^st Maggio - Afternoon
Understanding the cost of Capacity	If you control the flow through the Value Stream you control the cost. Improve the flow and you improve the potential for profit. How to measure the capacity (flow) of the Value Stream and show the financial benefits of improving Capacity. Exercise.
Lean Decision-Making	Using lean accounting data to make decisions, and show the financial benefits of lean improvement. Exercise.
Friday 22^nd Maggio - Morning
Budgeting in a lean environment	Making the budget process lean and getting useful and clear information from it.
Case Study	Examples of lean accounting in action.
Friday 22^nd Maggio - Afternoon
Transaction Elimination	Eliminating unnecessary accounting transactions in a lean environment.
Implementing Lean Accounting: Driving the business from Customer Value	The "Lean Accounting Maturity Path" and Action Planning.

» Click here to download the Lean Accounting Master Class brochure [PDF]
» » Read a report on the Lean Accounting Master Class

Click below to view the The Lean Accounting Master Class videoclip presentation:

Click below to view Brian Maskell's invitation to the Lean Accounting Master Class
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