CPAR Accounting & Financial Reporting  |  Format: Flash

Getting the Lowdown on Lean Accounting

Course Overview
Many more enterprises are reaping the benefits of being "lean" in the past few years, including the concept of identifying and eliminating the non-value-added activities associated with running a business. According to Nick Katko, an early pioneer of lean accounting as well as a CPA and president of BMA Inc., the management accounting to accompany lean activities is markedly different from what you are traditionally accustomed to providing.

Learning Objectives
Upon successful completion of this segment, you should be able to:

  • Recognize what lean accounting is all about;
  • Identify the major characteristics of a value stream;
  • Recognize how lean is connected to target costing;
  • Identify the steps involved in adopting lean accounting.

    Catalog Number: CPAR1365-FM
    CPE Credits: 2 Registry / 2 QAS
    Author: CPA Report
    Advanced Preparation:
    Work experience in financial reporting or auditing, or an introductory course in accounting
    Course Level: Update
    Field of Study: Accounting
    Content Partner: CPA Reports Online
    QAS: QAS Certified based on 50 minute hours.
    Course Type: Self-Study
    Minimum Passing Grade: 70%
      You are allowed 2 attempts to pass the final exam in a 30 day period. You will be locked out of the final for 30 days after any second failure.
    Soft/Hardware Reqs.:  Adobe Acrobat® Reader for the .pdf files
     Adobe® Flash® Player 9 or higher
     56k or Greater Internet Connection
     Modern DHTML Compatible Browser
     Ram: 256 MB minimum
     Sound card with speakers/headphones
     Windows or Mac OS
    Release/Expiration Dates: Dec 19, 2018 / Jan 29, 2020