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The Lean Accounting Blueprint: How to Replace Standard Costing and Manage by Value Streams
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Publisher: Independently Published
Pages: 412
Weight: 1.09
Height: 1.02 Width: 6.00 Depth: 9.00
Language: English
Traditional accounting metrics are actively working against your lean journey.
In a lean manufacturing or service environment, standard costing is more than just outdated, it is dangerous. By rewarding overproduction, hiding waste, and burying true product costs in complex overhead allocations, traditional accounting distorts your financial reality and stalls operational progress.
The Lean Accounting Blueprint provides a practical, step-by-step roadmap to dismantle standard costing and replace it with a system that actually supports continuous improvement: Value Stream Management.
Author Graham Wexler cuts through the academic jargon to deliver a hands-on guide for CFOs, controllers, and operations leaders. You will learn how to align your financial reporting with your actual physical workflow, making your financial statements simple, transparent, and actionable.
Inside this blueprint, you will discover:The Standard Costing Trap: Why variance analysis and high inventory levels distort your true profitability.
Value Stream Mapping for Finance: How to group your products and services to capture real-time, direct costs.
Plain-English Financial Statements: How to design simple, one-page weekly reports that everyone on the shop floor and in the boardroom can actually understand.
Lean Decision-Making Tools: How to evaluate capital investments, pricing, and make-vs-buy decisions without relying on misleading overhead rates.
The Transition Roadmap: A phased approach to safely running parallel systems before completely turning off standard costing.
Whether you are a finance professional looking to become a strategic partner in your organization's lean transformation, or an operations manager frustrated by accounting metrics that penalize efficiency, this book is your guide to financial clarity.
Stop measuring yesterday's waste. Start managing today's value.
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Financial Literacy for All: Disrupting Struggle, Advancing Financial Freedom, and Building a New American Middle Class
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The Path to Sustained Excellence: Strategy, Culture and Team: The Story of WSFS into the 21st Century
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No B.S. Guide to Making Them Believe: How John R. Brinkley Used His 21 Lost Marketing Secrets to Build a Notorious Medical Empire and Make Millions
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Fearless Farm Finances: Farm Financial Management Demystified
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How To Write An Inspired Creative Brief, 3rd Edition: A creative's advice on the first step of the creative process
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$100m Lost Chapters: Lost Treasures from $100M Offers, $100M Leads, and $100M Money Models
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The Illusion of Choice: 161/2 Psychological Biases That Influence What We Buy
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Accounting and QuickBooks - 2 in 1: Learn How to Use Small Business Bookkeeping Software for Beginners
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Marketing Made Simple: A Step-By-Step Storybrand Guide for Any Business
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Financial Literacy for Managers: Finance and Accounting for Better Decision-Making
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Failure Factory: How Baltimore City Public Schools Deprive Taxpayers and Students of a Future
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The Wealth of Nations: Complete (Royal Collector's Edition) (Case Laminate Hardcover with Jacket)
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$100M Leads Summary & Workbook: How to Get Strangers To Want To Buy Your Stuff
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The Micro-Script Rules: How to tell your story (and differentiate your brand) in a sentence...or less.
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Damn Right!: Behind the Scenes with Berkshire Hathaway Billionaire Charlie Munger
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Ways and Means: Lincoln and His Cabinet and the Financing of the Civil War
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