Peaceful Coexistence: A Proven Lean Report May Lead to Better Earning Estimates ... and More!

摘要

As you review the debates about Lean versus traditional product cost accounting, it is often a matter of apples versus oranges-yet both can be fruitful alongside one another. Lean managers complain that generally accepted accounting principles (GAAP) reporting does not suit them. In the near term, that is an understandable perspective. GAAP reports are neither detailed nor timely enough to support ongoing operations effectively nor efficiently.