Accounting for World Class Operations

Winner of the Shingo Prize for Manufacturing Excellence
Hardcover 272 pages

Having an appropriate accounting system in place is vital to the Lean process. Firms need performance measurements that reflect the benefits of change made from implementing Lean practices. Too often those benefits are hidden in outdated accounting reports filled with indecipherable, archaic jargon. The need for a clearer, simpler, more strategic performance measurement system in Lean companies is long past due. Leadership needs a practical guide that will provide a roadmap for beneficial accounting change and confidence to achieve global competitiveness.

Solomon and Fullerton present that roadmap in this unique and timely book. Their clear and concise writing take the mystery and fear out of a Lean accoutning conversion. This book offers encouragement and guidance for moving from a traditional standard cost system to a simple accounting system that provides appropriate information for a Lean Manufacturing environment. Their case examples from real-world experiences of successful accoutning cnages that support Lean conversion are insightful for those wanting reassurance and direction.

Designed For: Professionals interested in Lean

Product Code: PMAWCO

Category: Accounting

Vendor: WCM Associates

About the Author: Jerry Solomon, VP of Operations - Hunt Valley, for MarquipWardUnited, the largest division of the Barry-Wehmiller Companies Inc., the Western Hemisphere's leading packaging automation and converting group. Mr. Solomon is leading the Lean transformation efforts in both the manufacturing and financial areas. Rosemary Fullerton, Professor, Utah State University.

Rosemary Fullerton is an associate professor at Utah State University where she has taught in the School of Accountancy for eight years. Dr. Fullerton's research is centered on the relationships among Lean manufacturing, cost accounting and performance measures, and firm profitability. Her current research interests include investigating the prevalence of Lean accounting and the impact of cost accounting practices in Lean manufacturing environments. Dr. Fullerton has published her research in some of the top academic accounting and operations management journals. She has also presented her research at various universities and conferences throughout the U.S. and in Canada, Belgium, Finland, the Netherlands, and Italy. Dr. Fullerton has won various awards for her teaching and research

Format: Hardcover

Price: $39.00 members, $47.00 non-members