Get your team access to top Uplyrn courses anytime, anywhere.
Overview
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, focuses 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
Testimonials
The course was very good. I learned much and the information was presented concisely ~ M Dillard
A really good course on throughput accounting, highlighting the concept of TOC and lean accounting ~ V Sankar
What you'll learn
The Basics of the Theory of Constraints
Key Principles in Throughput Accounting
Why "flow" is important in the Theory of Constraints, Throughput Accounting and Lean Accounting
The Performance Measures and KPIs of Throughput Accounting
What Lean Accounting is and how it works
A definition of Lean
The Five Principles of Lean
A brief history of Cost Accounting
The Seven aims of Lean Accounting
The Principles of Lean Performance Measures
The Three levels of Performance Measure
A starter set of Lean Performance Measures
Performance improvement in Lean Accounting
What is Value Stream Management?
Kinds of Value Stream
Key Lean Accounting tools
Lean Accounting and accounting transactions
Quantifying the benefits of improvement
Lean Accounting and Customer Value
Why plan by Value Stream?
Throughput Accounting and Lean Accounting versus Financial Accounting
Requirements
An understanding of the basic principles of accounting will help learners but is not essential
An understanding of the accounting terms "marginal costing" and "contribution" will be beneficial
Overview
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, focuses 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:
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
Testimonials
What you'll learn
Requirements
Course Content
4 Sections 20 Lectures 2h 40m total length
All Comments