Lean Accounting VS Financial Management: Awareness and Overview

6 Pages Posted: 10 Mar 2020

Date Written: February 9, 2020

Abstract

For the past decades, financial folks relied on old principles, techniques and theories in determining the performance of the companies and give feed backs to the executives and CEOs so they can make the necessary improvement and take decisions. The CEO wants help finding the resources to fund a new project; he wants to know where we can improve costs in products and services, and he wants to know whether improvements made have resulted in financial gain. The CEO needs help seeing where the company has improved or declined and what the future looks like given the current circumstances.

Keywords: Lean, Accounting, Financial, Toyota Production System, Lean Management, Lean Accounting

Suggested Citation

Soliman, Mohammed, Lean Accounting VS Financial Management: Awareness and Overview (February 9, 2020). Available at SSRN: https://ssrn.com/abstract=3534862 or http://dx.doi.org/10.2139/ssrn.3534862

Mohammed Soliman (Contact Author)

The American University in Cairo ( email )

Cairo
Egypt

HOME PAGE: http://www.personal-lean.org

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