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Accounting for the Lean Accounting Award

8/18/2016

Since 2008, the Lean Enterprise Institute has sponsored the Excellence in Lean Accounting Award to fund scholarships helping pairs of students and professors attend the annual Lean Accounting Summit.

The award, created by summit organizer Lean Frontiers and administered by the nonprofit Lean Education Advancement Foundation (LEAF), recognizes teacher/student pairs who attended a previous summit then applied what they learned in the classroom. Winners are selected by a panel of lean accounting thought leaders.

Since the lean accounting movement seeks a shift from traditional cost accounting practices to ones that are more understandable, more accurate, and that correctly measure and motivate companies implementing lean management principles, we decided to check if any kind of shift was actually happening. So in this series, we’ll talk to past award winners to learn what impact the scholarship and award have had on the teaching and practice of accounting.

Learn more about the Lean Accounting & Management Summit: https://www.leanfrontiers.com/lams/

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