Lean Accounting Can Bring Numerous Benefits to Your Company
When you first hear the term “lean accounting,” it wouldn’t be unusual to think it is primarily a cost-reduction tool. But this system of accounting offers more benefits than simply cost savings. It can result it much timelier reporting and streamlined, understandable data as well. In a preview of their fall 2017 Pennsylvania CPA Journal feature on the topic, RKL LLP’s Bob Pozesky and John Stoner took some time to give us the skinny on lean accounting.
When you first hear the term “lean accounting,” it wouldn’t be unusual to think it is primarily a cost-reduction tool. But this system of accounting offers more benefits than simply cost savings. It can result in much timelier reporting and streamlined, understandable data as well. In a preview of their fall 2017 Pennsylvania CPA Journal feature on the topic, RKL LLP’s Bob Pozesky and John Stoner took some time to give us the skinny on lean accounting.
If you’d like, you can download this episode’s audio file. Additionally, you can follow us on iTunes, Google Play, or subscribe to our RSS feed.
By: Bill Hayes, Pennsylvania CPA Journal Managing Editor
PICPA Staff Contributors
Disclaimer
Statements of fact and opinion are the authors’ responsibility alone and do not imply an opinion on the part of PICPA officers or members. The information contained in herein does not constitute accounting, legal, or professional advice. For professional advice, please engage or consult a qualified professional.
