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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
star3,769 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

Do these courses count toward my professional development requirements?

This portal is provided as a training and development resource for City of Markham employees. Every course is delivered by a qualified subject matter expert or learning organization, is quantifiable in hours, and is verifiable — you receive a documented certificate of completion for every course you finish, stored on LearnFormula indefinitely.

If you hold a professional designation (for example in engineering, accounting, human resources, or law), courses may be counted as professionally relevant, verifiable learning activities toward your continuing professional development. Individual practitioners are responsible for confirming that an activity meets the requirements of their professional body. For questions about the City of Markham's training and development policies, please speak with your people leader or Human Resources.

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.