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Products > Lean Accounting Summit > Bridging the Gap Between Lean and Accounting
Advanced Lean Accounting

Using Rolling Forecasts to begin Lean Planning – Steve Player (LE0610)
The Three Attributes of Good Measurement – How Do Your Measurements Stack Up? – Frances Kennedy (LE0612)
Target Costing: The Front End of Lean Accounting – Robin Cooper (LE0616)

      Some in industry have now moved beyond an elementary understanding of lean accounting. Hear Steve Player, Robin Cooper, and Frances Kennedy outline concepts further along in the lean accounting maturity model.

Using Rolling Forecasts to Begin Lean Planning - Steve Player
      Learn why your attempts to implement lean accounting and become a lean enterprise will be systematically rejected until you begin to eliminate traditional budgeting processes. Review the evolutionary path to success by using rolling forecast, relative targets, and other BBRT approaches to achieve Lean Planning. Learn how American Express, Park Nicollet Health Services, and Wachovia (all publicly held U.S. companies) have already achieved success in eliminating their budgets and becoming more adaptive.

The Three Attributes of Good Measurement – How do Your Measurements Stack Up? - Frances Kennedy
      Good measurement doesn’t come automatically and bad measurements can undermine successfully reaching goals. In this session, learn the three key attributes of a good measure and how to diagnose your own measurement system.

Target Costing - Robin Cooper
      This talk will explore the role of target costing in lean accounting. The three major stages of target costing (marker-driven pricing, product-level target costing and component-level target costing) will be explored and the way they fit together to extend cost management across the supply chain will be explored. Some aspects of interorganizational costing where buyers and suppliers jointly design their products will be discussed.

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