Accounting Processing Best Practices

Accounting for the Lean Enterprise

Course Overview
This course provides an overview of accounting for the lean enterprise. This includes a discussion of lean thinking, how to implement lean, and the concept of kaizen. This course also addresses topics such as the various types of costing methods, dysfunctional behavior, value stream costing, and value stream performance measures. Finally, this course outlines how to implement lean accounting for accounts payable, accounts receivable, and financial statement preparation.

Learning Objectives:

After completing this course, participants should be able to:
  • List and understand the five key steps in implementing lean
  • Recognize key principles surrounding the 5S method for supporting lean
  • Differentiate between various inventory costing methods
  • Recognize key principles with respect to productivity measurement and reporting
  • Recognize types of lean processes that can be implemented for office operations

Prerequisites/Advanced Preparation:


Speaker / Author:

Bonnie Kennedy, CPA, licensed as a CPA in Rhode Island, is a Group Practice Leader for Loscalzo Institute, a Kaplan company, and has over 30 years’ experience in the accounting profession. She began her career in public practice with a regional accounting firm in New England, before taking a position as the Controller and Treasurer of a manufacturing firm. Currently, Bonnie is a full-time faculty member at Salve Regina University. She has taught accounting and auditing courses at both the graduate and undergraduate levels.
During her association with the regional CPA firm, Bonnie was involved in recruiting, interviewing, and mentoring new staff. She also designed and conducted continuing professional education programs for the firm. After initial exposure to both taxation and attestation work, Bonnie eventually specialized in audits of manufacturing companies and not-for-profit entities.
Bonnie has published articles in scholarly journals and presented her work at national conferences. She has served on the Board of Directors for several not-for-profit entities and currently serves as the Treasurer for her local youth soccer association.
Bonnie holds a BS degree in business administration and a MS degree in accounting from the University of Rhode Island. She is a member of the Rhode Island Society of CPAs, the Association of Certified Fraud Examiners, and the AICPA.


Price (USD)

Standard: $49.90


Course Code : 99KEN01

Release Date : 10/08/2018
Expire Date : 03/31/2023
Credits :
CPE 2.00
QAS 2.00

Course Level : Basic
Course Type : QAS Self-Study
Length : 1hr 40min
Passing Grade : 70%
Field Of Study : Accounting
Theme : Accounting Processing Best Practices

Format Type : eLearning
Mobile Compatible

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