Skip to main content
by learnformula
search
For Business
Team license & compliance management
For Higher Education
Academic partnerships
For Government Agencies
Government training solutions
For Instructors & Course Creators
Teach on our marketplace
Become a Sponsor
Reach professionals where they learn
Log inStart 7-Day Free TrialStart Free TrialStart Free Trial
search
  1. Courses
  2. /Accounting & Tax
  3. /Accounting

Lean Accounting: A Beginner’s Guide

This course gives learners a thorough grounding of the main issues in Lean Accounting.

Created byRoss Maynard
BeginnerUpdated Feb 27, 2025

What You'll Learn

  • check_circleThe Five Principles of Lean
  • check_circleWhat Lean Accounting is and how it works
  • check_circleThe seven aims of lean accounting
  • check_circleThe principles of lean performance measures
  • check_circleThe three levels of performance measurement
  • check_circleKey Lean Accounting tools

About This Course

The purpose of management accounting is to support decision-making and performance management in an organization. Lean Accounting is an approach to contribution costing, which focuses on business processes and calculates the contribution to corporate profits of each process or value stream. Lean Accounting is designed to support the lean management philosophy, which is about optimizing each business process. Therefore, Lean Accounting focuses on improving the flow of work through a business process. It provides a variety of flexible tools to measure, manage, and improve performance.

This course gives learners a thorough grounding in the main issues in Lean Accounting.

Topics covered include:

  • What Is Lean?
  • What Is Lean Accounting?
  • The Seven Aims of Lean Accounting
  • Lean Performance Measures
  • Performance Measures and Decision-Making in Lean Accounting
  • Streamlining Accounting Transactions in Lean Accounting
  • Using Lean Accounting to Highlight the Benefits of Process Improvement

The course also contains an appendix giving a brief overview of the Theory of Constraints and Throughput Accounting. Throughput Accounting is an approach to management accounting designed to align with the philosophy of the Theory of Constraints.

Course Content

2 activities • 17 videos • duration: 1h 46m

remove
Section 117 videos • 1 quiz • 1.8 hours
  • videocamL1 What is Lean
    Duration 11:28
  • videocamL2 Lean Accounting
    Duration 9:01
  • videocamL3 Performance Measurement in Lean Accounting
    Duration 6:54
  • videocamL4 Lean Performance Measures
    Duration 8:35
  • videocamL5 Improving Flow
    Duration 3:43
  • videocamL6 Lean Decision Making
    Duration 8:57
  • videocamL7 A Box Score Example
    Duration 3:25
  • videocamL8 Streamline Accounting Transactions
    Duration 5:47
  • videocamL9 Highlighting the Impact of Process Improvement
    Duration 4:49
  • videocamL10 Driving Growth with Lean Accounting
    Duration 2:44
  • videocamL11 Planning by Value Stream
    Duration 4:19
  • videocamL12 Lean Accounting Key Learning Points
    Duration 4:46
  • videocamL13 Lean Accounting Assignment
    Duration 10:09
  • videocamTOC L1 The Theory of Constraints
    Duration 4:52
  • videocamTOC L2 Throughput Accounting
    Duration 8:33
  • videocamTOC L3 Throughput Accounting Example
    Duration 4:19
  • videocamTOC L4 Throughput Accounting An Investment Decision
    Duration 4:29
  • quizReview Questions
add
Final Assessment1 quiz

Your Instructor

Ross Maynard

Business author and consultant, specialising in performance measurement and improvement

menu_book63 courses
star3,909 reviews

I am a Fellow of the Chartered Institute of Management Accountants in the UK and work as an author of business courses and a process improvement consultant. I have over 30 years' experience and live near Stirling in Scotland, with my wife, daughter and Cocker Spaniel. I aim to make my courses accessible and understandable. My courses focus on business topics including KPIs, performance measurement, approaches to business improvement, Agile and Lean. I hope you enjoy my courses.

Credit Information

Is this course eligible for my CPD requirements as a Canadian CPA?

Provincial regulators of CPAs in Canada do not require that independent providers of CPD be approved to offer courses. Instead, individual CPAs are responsible for assessing whether a CPD activity meets their requirements, and may take activities from any source provided those requirements are met.

Every course offered on LearnFormula is delivered by a qualified subject matter expert or learning organization, and advances learning objectives that are relevant to the responsibilities or professional competencies of Canadian CPAs. All activities on LearnFormula are quantifiable in terms of hours, and are also verifiable, in that users receive documented evidence of their attendance via a certificate of completion after finishing a course (and this certificate is stored by LearnFormula indefinitely). Nearly 100,000 Canadian CPAs successfully satisfy their CPD requirements via LearnFormula on an annual basis.

What Students Are Saying

4.6 out of 5
Student's Choice
39 reviews
  • NL
    Neville L.
    starstarstarstarstar

    Great content and plenty of course material for framework.

  • RS
    Ron S.
    starstarstarstarstar

    Good content and clearly explain. It was more of a refresher for me so the overview nature of the content was a good match for what I was looking for.

Frequently Asked Questions

We are a registered provider with 300+ associations and regulatory bodies worldwide. We operate across 27 global markets including Canada, the US, Australia, and the UK. Every course page clearly displays its specific accreditations. Upon completion, you receive a professional certificate that can be validated online. Our certificates include all necessary accreditation details, credit hours, and completion dates, and are formatted specifically to meet the submission requirements of most global regulatory bodies.

You May Also Like

  • Ethics: Business Ethics

    2026 Ethics and Corporate Compliance

    starRated5.0out of 5,(556 reviews)
    2 CPD hrs
  • Finance: Budgeting & Financial Forecasting

    Critical Skills for CFOs & Controllers: Budgeting & Forecasting Strategies for Today’s World

    starRated5.0out of 5,(113 reviews)
    2.5 CPD hrs
  • Accounting & Tax: Technology for Accountants

    Claude Fundamentals for Accountants (2026 Update)

    starRated5.0out of 5,(646 reviews)
    2.5 CPD hrs