Throughput Accounting and Lean Accounting

The purpose of management accounting is to support decision-making and performance management in an organisation.

As accountants, therefore, we must have a wide range of tools and techniques that we can use to support the needs of our organisations. Throughput Accounting and Lean Accounting are both examples of flow accounting that provide tools for process-orientated organisations.

Throughput Accounting is designed to support management accounting in organisations that are implementing the tenets of the Theory of Constraints.

Lean Accounting, like Throughput Accounting, focusses on improving the flow of work through a business process and provides a variety of flexible tools to measure, manage and improve performance.

This course covers the Theory of Constraints, Throughput Accounting and Lean Accounting to give learners a thorough grounding of the main issues. 

Topics covered include:

• What is the Theory of Constraints?
• What is Throughput Accounting?
• The Performance Measures of Throughput Accounting
• What is Lean Accounting?
• The Seven Aims of Lean Accounting
• Lean Performance Measures
• Performance measures and decision-making in Lean Accounting
• Accounting Transactions in Lean
• Throughput Accounting, Lean Accounting and the Financial Statements

There is a lot to cover and I have made it as clear and accessible as possible. Other than an interest in business finance and performance management, there are no pre-requisites for this course. I hope you enjoy it.

Who this course is for:

• Accounting students
• Accountants and financial managers in business
• Management accountants
• Business managers with an interest in financial performance management
• Learners with an interest in process management and costing
• Anyone interested in business management and improvement