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Courses/Accounting & Tax/Accounting

Lean Accounting: A Beginner’s Guide

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

Created byRoss Maynard
4.6
(39 reviews)
BeginnerUpdated Feb 27, 2025
Lean Accounting: A Beginner’s Guide

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.

Your Instructor

Ross Maynard
Ross Maynard

Business author and consultant, specialising in performance measurement and improvement

menu_book60 courses
star3,781 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
Student's Choice
39 reviews

Frequently Asked Questions

We are a registered provider with 327+ associations and regulatory bodies worldwide. We operate across 29 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.