Lean Accounting Guidebook: Third Edition

Author: Steven Bragg


Book Description
The Lean Accounting Guidebook shows the accountant how to save money and minimize errors by streamlining the accounting department. It does so by describing more than 150 improvement tips for billing, collections, cost accounting, fixed assets, payables, payroll, and more. The accountant can use such tools as value stream mapping, flowcharting, traffic analysis, and measurement systems to decide which improvements would be the most useful to install. In short, this book provides the accountant with a complete toolkit of improvement solutions. [250 pages]

Table of Contents

Part 1 - Overview
Chapter 1. Overview of Lean Accounting

Part 2 - Major Processes
Chapter 2. Lean Customer Billing
Chapter 3. Lean Cash Receipts
Chapter 4. Lean Accounts Payable
Chapter 5. Lean Payroll
Chapter 6. Lean Financial Statements

Part 3 - Other Accounting Areas
Chapter 7. Lean Credit Management
Chapter 8. Lean Collections
Chapter 9. Lean Inventory Accounting
Chapter 10. Lean Cost Accounting
Chapter 11. Lean Fixed Asset Accounting
Chapter 12. The Lean General Ledger Environment
Chapter 13. The Lean Approach to Budgeting
Chapter 14. Lean Filing
Chapter 15. Lean Controls and Procedures 


Every company should be willing to look into improving its accounting operations. The Lean Accounting Guidebook gives concrete, actionable information to help analyze and transform accounting areas. Even if you cannot turn the whole department lean, The Lean Accounting Guidebook will help improve your financial reporting effort. - Ken Koch, CEO, Business Resources Management, Inc.

The Lean Accounting Guidebook provides a vital roadmap to achieving critical controller function objectives by using the highly effective “lean” process evaluation and improvement  techniques. The “lean” and process evaluation tools of value stream mapping and measurement, flow charting, process run charting, error measurement and analysis, and traffic analysis are described and illustrated to describe the means to achieve an optimal balance of controller function key objectives and the need to minimize costs.  Cost minimization objectives are importantly “constrained” by focusing on both maximum resources for analysis to support strategy and growth, and providing accurate and timely history for compliance requirements of financial reporting, payroll and related tax administration, and income tax reporting and planning.  An important additional benefit for the controller organization is the acquisition of skills to enable and foster “lean” improvements in operating functions.  The Lean Accounting Guidebook is a compendium of knowledge and practice essential to the successful controller. - Barrett Peterson, CPA

The Lean Accounting Guidebook is an excellent introduction to lean accounting procedures and practices – both from a “why it matters” conceptual understanding and a “how to do it and make it work” practical and operational perspective.  The focus on  the lean concept helps organizations operate efficiently and respond quickly to issues and opportunities.  In today’s highly competitive business environment, those are traits that help companies maximize profit and maintain healthy growth.  This book is an extremely helpful reference for business owners and people in the accounting / business operations / sales operations departments at larger companies.  And, the references to the online podcasts are an added bonus, providing additional context and information to provide increased depth to key topics.  Financial management is important to any successful business, and this book provides the foundation for enhancing and improving those operations. - Chip Nickolett, Vice President of Sales and Services, Actian Corporation