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Kaplan University School of Professional and Continuing Education Kaplan University School of Professional and Continuing Education

Accounting for the Lean Enterprise (ALE4)

4-Hour Program (Great industry course)

WHY ATTEND THIS COURSE?

Lean Manufacturing concepts have been credited with dramatic improvements in business operations across industries. With its emphasis on eliminating waste in all processes, implementing a lean approach typically results in improved on-time deliveries, less inventory and increased profitability. Many organizations have found that implementing lean concepts provides their organization with a competitive advantage.

Lean Accounting is a simplified approach to costing that supports lean operations with both financial and nonfinancial measures. This course will introduce participants to current best practices in accounting for a lean organization.

DESIGNED FOR...

Accounting professionals in industry and public practice that want to understand how to account for a lean enterprise.

OBJECTIVE

Participants will be able to:

  • Understand how lean concepts can be applied to manufacturing and service industries
  • Identify how traditional cost accounting can be modified to support a lean enterprise

MAJOR SUBJECTS

  • Introduction to lean
  • Why traditional cost accounting doesn’t work with lean organization
  • Average costing
  • Value stream costing
  • Productivity measurement
  • Lean financial reporting

COURSE ACRONYM: ALE4

PRESENTATION METHOD: Group-live

LEVEL OF KNOWLEDGE: Basic

PREREQUISITES:

  • None

ADVANCE PREPARATION: None

FIELD OF STUDY: Accounting

RECOMMENDED CPE CREDIT: 4 hours


CPE Sponsor icon

SmartPros®, A Kaplan Company and Loscalzo Institute, A Kaplan Company are registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.