Lean Systems Program

 
 
 

Lean Accounting and Financial Systems

Course Dates: TBA
Location: Lexington, KY
Click here to register

Accounting and financial systems often have little chance to adapt to changes in operations and technology due to the restrictions of regulatory and statutory requirements. Consequently, multiple financial systems exist within the company causing competition between departments rather than cooperation. In return, companies approach their products and services with the same metrics and with the same behaviors that have little chance for development. Interestingly, most financial metrics and administrative systems can even support or reinforce such developments within the organization; which makes the improvement of such systems less likely to occur.

Recently, an advancement has been made in financial systems called Lean Accounting. Lean Accounting is an approach to managing various aspects of an organizations financial system that reinforces and supports the way the company increases value in their products and services. Lean Accounting is the administrative system that reinforces the financial side of TPS.

The University of Kentucky Lean System’s Group is offering a 2-day course in Lean Accounting to teach the fundamentals of how Toyota applies TPS in the financial world. Participants will learn how Toyota trains and develops their managers and specialist in developing business systems that track and monitor performance of operations. Participants will also be exposed to Toyota’s 8-Step problem solving process that is used to improve and stabilize administrative operations. Lastly, participants will understand how lean accounting and financial systems can be applied in the implementation of lean.

Other Topics Include:

  • Fundamentals of Toyota’s Financial systems
  • Lean applied to Business Operating Systems (i.e. payroll, accounting, controllers, purchasing, etc…)
  • Target and Kaizen costing
  • Lean administrative development
  • Problem solving
  • Role structures; specialist and management
  • Financial sheets, reporting, and financial metrics
  • The role of Lean Financial systems in lean transformation

    • Fees
    $1995.00

    Please Note

  • The registration fee covers the course and luncheons – lodging and other meals not included.
  • Every effort is made to ensure that the instructors listed present the programs. However in rare circumstances such as illness, a speaker with comparable qualifications may be substituted.
  • Unavoidable circumstances sometimes require a change in course location or dates. Should such a change affect a course for which you are registered, you will be contacted in a timely manner and every effort will be made to reschedule with as little inconvenience as possible.
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