Lean Accounting Based on Lean Production

Abstract

With the diversification of customer demand and competition of globalization, mass production is being replaced by lean production. In this background, the traditional accounting system is no longer applicable to lean production, and lean accounting supporting lean production comes into being. This general trend affects China's enterprises. This paper introduces the background of lean accounting and the content of lean accounting, gives the measures of implementing lean accounting, finally compares lean accounting with traditional accounting and summarizes obstacles in the process of implementing lean accounting. The research and application of lean accounting will greatly enhance the competitive advantage of China's enterprises. Keywords-lean accounting; lean production; value stream; customer value