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International Journal of Academic Research in Business and Social Sciences

Open Access Journal

ISSN: 2222-6990

Lean Accounting - An Ingenious Solution for Cost Optimization

Dimi OFILEANU, Dan Ioan TOPOR

http://dx.doi.org/10.6007/IJARBSS/v4-i4/793

Open access

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.

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