An Introduction to Throughput Accounting
Outline
Throughput Accounting supports lean management by providing flow focussed management accounting tools to support visual workplace measures for rapid decision making and improvement. Throughput Accounting should be an integral part of the lean management system, as well as a vital tool for strategic decision making.
This one-day course provides an introduction to the tools and philosophy of Throughput Accounting. The programme is aimed at finance staff and operational managers. The programme includes several interactive decision-making exercises.
| Introduction to Throughput Accounting |
Outlining the key principles and main tools of Throughput Accounting and why it is suited to modern business conditions. |
| Value Streams Definition |
What is a Value Stream and how do you define them. |
| Lean Performance Measures |
Defining lean performance measures and linking them to Throughput Accounting data. |
| Throughput Costing |
The structure and creation of Throughput Accounting management reports. |
| Lean Decision Making |
Using Throughput Accounting principles to make business decisions. |
| The Financial Benefits of Improvement |
How Throughput Accounting helps forecast and highlight the financial benefits of improvement. |
| Implementing Throughput Accounting |
The path to implementing Throughput Accounting. |
There is an option to run a second-day with the “Theory of Constraints Executive Challenge” a simulation game for management teams based on “The Goal”.
The programme is presented by Ross Maynard, Fellow of the Chartered Institute of Management Accountants. Ross has provided training to some of the world’s leading companies including Boeing, Rolls Royce, Thermofisher Scientific, Parker Hannifin and many others.