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Management Accounting for Process-Orientated Organisations

Learn Tools and Techniques for Throughput Accounting & Lean Accounting

Created byRoss Maynard
IntermediateUpdated May 4, 2025

What You'll Learn

  • check_circleIdentify the basics of the Theory of Constraints
  • check_circleIdentify the Key principles in Throughput Accounting
  • check_circleRecognize why “flow” is important in the Theory of Constraints, Throughput Accounting and Lean Accounting
  • check_circleIdentify the performance measures and KPIs of Throughput Accounting

About This Course

The purpose of management accounting is to support informed decision-making and performance management across an organization. This course explores two powerful, process-focused approaches within management accounting: Throughput Accounting and Lean Accounting. Both methods align with flow-based operational strategies and offer tools tailored to organizations committed to continuous improvement and value creation.

Learners will gain a solid grounding in the Theory of Constraints (TOC), the principles behind Throughput Accounting, and the practical application of Lean Accounting tools. Key topics include performance measures, accounting transactions in lean environments, and the impact of both approaches on financial statements and business decisions. Ideal for management accountants and financial professionals, this course delivers a fresh perspective on how to better align accounting practices with operational performance.

Course Content

3 activities • 17 videos • duration: 2h 23m

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Section 117 videos • 2.4 hours
  • videocamThe Theory of Contraints
    Duration 9:35
  • videocamThroughput Accounting
    Duration 6:45
  • videocamThroughput Accounting Metricsfile
    Duration 5:53
  • videocamThroughput Accounting Example
    Duration 8:32
  • videocamIntroduction to Lean Accounting
    Duration 13:34
  • videocamLean Performance Measures
    Duration 6:08
  • videocamCreating Lean Performance Measures
    Duration 15:43
  • videocamManage by Value Stream
    Duration 5:49
  • videocamLean Accounting Tools
    Duration 17:41
  • videocamBox Score Example
    Duration 5:58
  • videocamTransaction Elimination
    Duration 10:07
  • videocamQuantifying the Benefits of Lean Improvement
    Duration 9:38
  • videocamThe Voice of the Customer
    Duration 4:29
  • videocamPlan by Value Stream
    Duration 5:39
  • videocamSummary
    Duration 6:19
  • videocamLean Accounting Assignment
    Duration 3:32
  • videocamLean Accounting Assignment Answer
    Duration 7:41
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Review Questions-Part11 quiz
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Final Exam-Part11 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

4.5 out of 5
Student's Choice
38 reviews
  • RG
    Randy G.
    starstarstarstarstar

    Great single long video to watch and complete 13 Q's

  • FQ
    FATIMA Q.
    starstarstarstarstar

    Very Interesting course, Lean Accounting does makes more sense and does more justice to improve business processes

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.

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