1The Lean Management Accounting System
If you do an internet search for the definition of lean management accounting, you will get many results, but most try to explain it in this way:
Management accounting is providing financial and non-financial information to managers for them to use to make decisions.
When defined this narrowly, it sounds like something that is just in the accounting function. But if management accounting is viewed as a system, as illustrated in Figure 1.1, accounting is only a small part. The management accounting system consists of a vast database of financial and non-financial information in various systems that record, store and synthesize the information. It consists of every user of the ...
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