To gain access to this lesson, and more than 1000 like it Subscribe Online today!

Pricing Request Free Trial

Already a Gemba Academy Member?

Log In

The Difference Between Traditional and Lean Accounting

Lean accounting is a way of thinking that focuses on the study of costs around different value flows, unlike traditional accounting, in which each manufacturing cost is variable. Gemba Academy Co-Founder Kevin Meyer and Executive Chair of Lean Enterprise Institutes Jean Cunningham review both the differences and the benefits that lean accounting offers.

  • 0:08 - Traditional vs. lean accounting
  • 1:29 - Separating variable and fixed costs
  • 2:31 - Identifying the deployment of fixed costs
  • 3:28 - Separating inventory valuation

You are currently logged out and can only view the first video. Log In

  1. Lean Accounting Introduction 7:30
  2. The Effect of Lean Accounting on Owners, Auditors, and Executives 7:52
  3. The Difference Between Traditional and Lean Accounting 5:20
  4. When and How to Implement Lean Accounting 4:37
  5. How to Overcome Resistance to Lean Accounting 7:12
  6. Extending Lean into HR and IT 3:53
  7. Supplemental: Lean Education Advancement Foundation 2:23