Lean Accounting and Throughput Accounting: An Integrated Approach
- Surbhi Shrivastav, Research Scholar, GLS University
- Dr. Bhawik Swadia, Assistant Professor, Institute of Commerce, GLS University
Abstract:
In states of expanding rivalry there is requirement for use of new production frameworks, new
ways to deal with pricing, new ways to deal with count of expenses for an item in the created
markets. Other than modernization of generation, modernization of a venture administration
framework is fundamental It is condemned that the traditional management accounting is not fit
for the present business condition that create data to meet the main objective of management
accounting This paper presents two techniques for management accounting – Lean accounting
(LA) and Throughput accounting (TA) – and offers an integrated approach for its utilization in
business undertakings. We consider and present a model of integrated approach of LA+TA and
note positive sides of this approach. The integrated approach will permit to produce data about
expenses and aftereffects of a current venture more adequately than amid use of particular
techniques.
Keywords:
Lean Accounting, Throughput Accounting, Management Accounting, Commercial
Enterprises, Integrated Approach LA+TA, Lean Throughput Accounting