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The Effect of Lean Accounting on Owners, Auditors, and Executives
Upon applying lean to accounting, Executive Chair of the Lean Enterprise Institute’s Jean Cunningham’s first challenge was to present a different way of doing things to owners, auditors, and executives. Jean describes their reactions to Gemba Academy Co-Founder Kevin Meyer.
- 0:10 — How Jean pitched the lean accounting approach
- 3:05 — Why the auditors were the easiest to convince
- 5:25 — What management wants from CFOs
Course Videos
Lean Accounting Introduction
7:30
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The Effect of Lean Accounting on Owners, Auditors, and Executives
7:52
Next VideoThe Difference Between Traditional and Lean Accounting
5:20
4When and How to Implement Lean Accounting
4:37
5How to Overcome Resistance to Lean Accounting
7:12
6Extending Lean into HR and IT
3:53
7Supplemental: Lean Education Advancement Foundation
2:23
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Course Resources
Next Video 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.