Lean Accounting : Why Accounting Department Should Switch to Lean

Download or read book Lean Accounting : Why Accounting Department Should Switch to Lean written by Mohammed Hamed Ahmed Soliman and published by Mohammed Hamed Ahmed Soliman. This book was released on 2022-10-02 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: For the past decades, financial folks relied on old principles, techniques and theories in determining the performance of the companies and give feed backs to the executives and CEOs so they can make the necessary improvement and take decisions. The CEO wants help finding the resources to fund a new project; he wants to know where we can improve costs in products and services, and he wants to know whether improvements made have resulted in financial gain. The CEO needs help seeing where the company has improved or declined and what the future looks like given the current circumstances.