IDEAS home Printed from https://ideas.repec.org/a/hur/ijarbs/v4y2014i4p342-352.html
   My bibliography  Save this article

Lean Accounting - An Ingenious Solution for Cost Optimization

Author

Listed:
  • Dimi Ofileanu
  • Dan Ioan Topor

Abstract

The aim of this work is to present a new concept in accounting management: Lean Accounting. This work explains the way the lean concept was born; its benefits for the production system of the factories and the necessity of applying lean accounting in the factories which have implemented lean production, taking into account both its advantages and the boundaries of the other cost management methods in those factories.

Suggested Citation

  • Dimi Ofileanu & Dan Ioan Topor, 2014. "Lean Accounting - An Ingenious Solution for Cost Optimization," International Journal of Academic Research in Business and Social Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Business and Social Sciences, vol. 4(4), pages 342-352, April.
    • Handle: RePEc:hur:ijarbs:v:4:y:2014:i:4:p:342-352
    as

    Download full text from publisher

    File URL: http://hrmars.com/hrmars_papers/Lean_Accounting_-_An_Ingenious_Solution_for_Cost_Optimization.pdf
    Download Restriction: no
    File URL: http://hrmars.com/hrmars_papers/Lean_Accounting_-_An_Ingenious_Solution_for_Cost_Optimization.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Dan Ioan Topor & Alina Putan & Sorinel Capusneanu, 2011. "The Role of Management Accounting in Providing Information for Making Decision Within an Entity," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 1(2), pages 56-66, December.
    2. Lee, John Y. & Monden, Yasuhiro, 1996. "An international comparison of manufacturing-friendly cost management systems," The International Journal of Accounting, Elsevier, vol. 31(2), pages 197-212.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Dimi OFILEANU, 2015. "Lean Accounting – By When In Romania?," SEA - Practical Application of Science, Romanian Foundation for Business Intelligence, Editorial Department, issue 9, pages 63-70, December.
    2. Nyanine Chuele Fonou-Dombeu & Bomi Cyril Nomlala, 2022. "A Comparative Analysis of Implementation of Lean Accounting in Manufacturing and Healthcare Sectors," Eurasian Journal of Business and Management, Eurasian Publications, vol. 10(2), pages 116-136.
    3. Dimi OFILEANU, 2015. "Value Stream Cost Analysis In The Romanian Footwear Industry," SEA - Practical Application of Science, Romanian Foundation for Business Intelligence, Editorial Department, issue 8, pages 45-52, June.
    4. Thi Minh Phuong Nguyen & Thi Hai Chau Ngo, 2023. "Determinants Influencing the Application of Lean Accounting: The Case of Vietnamese Garment Firms," JRFM, MDPI, vol. 16(5), pages 1-26, May.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Azza H. Shalaby & Shehab Yehia Mohamed Ahmed Eltobgey, 2016. "How far the Media of Managerial Accounting can percept the Expectations of Current and Prospective Investors in rationalizing Credit and Investment Decisions: Field Study in KSA," Journal of Applied Finance & Banking, SCIENPRESS Ltd, vol. 6(5), pages 1-1.
    2. Stadtherr, Frank & Wouters, Marc, 2021. "Extending target costing to include targets for R&D costs and production investments for a modular product portfolio—A case study," International Journal of Production Economics, Elsevier, vol. 231(C).
    3. Afonso, Paulo & Nunes, Manuel & Paisana, António & Braga, Ana, 2008. "The influence of time-to-market and target costing in the new product development success," International Journal of Production Economics, Elsevier, vol. 115(2), pages 559-568, October.
    4. Ofileanu Dimi & Bumbescu Sorina Simona, 2014. "Target Costing – The Response Of The Managerial Accounting To Changes In The Environment," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 3, pages 45-55, June.
    5. Berinde Sorin & Rachisan Paula Ramona, 2013. "The Impact Of Corporate Governance On The Restructuring Operations Of Audited Entities," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 1300-1309, July.

    More about this item

    Keywords

    Lean Production; Lean Accounting; Value Stream Costing; Pull; Box Score;
    All these keywords.

    JEL classification:

    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hur:ijarbs:v:4:y:2014:i:4:p:342-352. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Hassan Danial Aslam (email available below). General contact details of provider: http://hrmars.com/index.php/pages/detail/IJARBSS .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.