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Self-Study — Course Detail

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The Lean Accounting Guidebook
Steven M. Bragg
Copyright© 2012

Course: 6121190   Version 1204

NASBA Category:     Mgt Advsry Srvcs     CPE Credits 13
Level: Overview  (250 pages)
Prerequisite: There are no prerequisites.
Advance Preparation: None.



Course Description

There are massive differences between the efficiency and effectiveness of average accounting departments and that those that operate at a world-class level. The key difference is having a lean focus on how the operation is constructed and operated. The Lean Accounting Guidebook reveals how to restructure the department to take advantage of lean principles and catapult it into the realm of world-class organizations. This course reveals how to streamline the accounting department with over 150 improvement tips for billing, collections, cost accounting, fixed assets, payables, payroll, and more.

You’ll find the answers to many questions about lean accounting in this comprehensive course, including:

• Can a revised invoice layout improve the speed of collections?
• What impact does a bank lockbox have on my cash controls?
• How does a reduction in the number of suppliers impact accounts payable?
• Can I completely automate the collection of timekeeping information?
• Which actions should I take to compress the time needed to issue financial statements?
• Which behavioral triggers by a customer should initiate a credit review?
• What approval level should be used for smaller account write-offs?
• What is the easiest way to locate obsolete inventory?
• What types of variance reports should the accounting department issue?
• How can adjusting the capitalization limit impact fixed asset record keeping?
 



Table of Contents

Learning Objectives
Upon successful completion of this course, participants will be able to:
  • Chapter 1
    • Explain the concept of lean and the issues interfering with a lean accounting department
  • Chapter 2
    • Demonstrate lean concepts for the customer billing function
  • Chapter 3
    • Discuss how to create a lean cash receipts system
More Learning Objectives




Select   Format   Retail Price
  Online   $175.00   After purchasing this course, you may click here to log in and access the course material.
  Hard Copy   $175.00



Extra Tests:
Qty   Format   Retail Price
  Extra Exam Online   $52.00
  Extra Exam Hardcopy   $52.00

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