Zen Accounting: How Japanese Management Accounting Practice Supports Lean Management
Document Type
Article
Department or Administrative Unit
Finance and Supply Chain Management
Publication Date
Fall 2009
Abstract
The historical roots of capacity accounting and lean management are examined in an effort to better understand how they evolved and in what competitive environment they would make sense. We then examine the nuances of capacity management and quantitatively demonstrate how capacity accounting undermines the very essence of lean management. Next we discuss Japanese cost accounting practice as it relates to lean management and finally draw conclusions with implications for management accounting practice within lean organizations in the United States.
Recommended Citation
Hutchinson, R. & Liao, K. (2009). Zen accounting: How Japanese accounting practice supports lean management. Management Accounting Quarterly 11(1), 27-35.
Journal
Management Accounting Quarterly
Rights
Copyright © 2009 Institute of Management Accountants
Comments
This article was originally published in Management Accounting Quarterly. The full-text article from the publisher can be found here.
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