Impact of Lean Accounting Information on the Financial performance of the Healthcare Institutions: A Case Study

Almusawi, Enaam; Almagtome, Akeel; Shaker, Ameer Saheb

doi:10.36478/jeasci.2019.589.599

Cited by 17 publications

(21 citation statements)

References 0 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Research shows that the management accounting system adopted by companies should be strategically oriented to meet the demands of advanced manufacturing environments (Fullerton and Mcwatters, 2002). The decision of a suitable cost accounting system is considered a challenge, as it has an effect on enterprises' financial performance (Almusawi et al, 2019).…”

Section: 2mentioning

confidence: 99%

The alignment between management accounting and lean manufacturing: rhetoric and reality

Fontenelle

Sagawa

2021

JBIM

View full text Add to dashboard Cite

Purpose Lean manufacturing (LM) has advocated gains by reducing waste and intensifying continuous improvement. As a holistic organizational policy, it must overpass the limits of the manufacturing function. Management accounting should be aligned to lean thinking, aiming to meet the demands and goals of a lean organization. This paper aims to investigate the degree of alignment between management accounting systems and LM practices. Design/methodology/approach Two representative case studies were carried out in industry leaders in the implementation of LM, in Brazil. The key research constructs and were identified by means of a systematic literature review. The rhetoric and practice concerning the alignment between management accounting and LM are discussed based on the existing theory and the conducted case studies. Findings The analysis showed that many of the principles that form the rhetoric of lean accounting are far from the accounting practices observed in the companies. Using the theory-building function of case studies, 10 propositions to be tested in future research are proposed. The main propositions are also summarized in a framework based on analogies with optical lenses. Originality/value To the best of the knowledge, there are no previous in-depth studies focusing on characterizing this alignment between management accounting and LM practices. The analysis yields prescriptive directions for managers that seek to improve this alignment in their business. This study also proposes a five-stage maturity model, which can be used by the managers to assess this alignment and to set goals for reaching more advanced levels of maturity.

show abstract

Section: 2mentioning

confidence: 99%

The alignment between management accounting and lean manufacturing: rhetoric and reality

Fontenelle

Sagawa

2021

JBIM

View full text Add to dashboard Cite

show abstract

“…[7] introduced with his book "The Goal" and developed this concept in 1990 eventually. Theory of Constraints is the common name in the United States [7], [8]. [9] defines the Theory of Constraints as an administrative approach aimed at maximizing longterm profit by addressing organizational bottlenecks or scarce resources in organization.…”

Section: Literature Reviewmentioning

confidence: 99%

Using Throughput Accounting for Cost Management and Performance Assessment: Constraint Theory Approach

Kadhim¹,

Najm²,

Kadhim³

2020

TEM Journal

View full text Add to dashboard Cite

The paper aims to use throughput accounting as an approach for developing cost accounting systems in the modern manufacturing environment to evaluate the organization performance. The sample consists of (60) persons in organization for examining the hypotheses. The findings show that information provided by throughput accounting helps in measuring costs and evaluate the efficiency and effectiveness of performance in the organization. This approach supports planning and control processes to maximize throughput and reduce inventory levels. The use of Throughput Accounting under the Theory of Constraints leads to finding solutions to bottlenecks that affect the efficiency and effectiveness of performance.

show abstract

“…Hence, the suggestion that the lean manufacturing process could provide some level of efficiency capable of reducing costs and improving profitability of the firms (Onwughalu, Okeke, & Henry-Chibor, 2017). This is because lean manufacturing has been known to reduce waste along the lines of labour, material and money (Almusawi, Almagtome, Shaker, 2019). It based on this premise that this study argued that lean manufacturing system adopt affect profitability of selected firms in the Nigerian food and beverage sub-sector.…”

mentioning

confidence: 91%

Lean Manufacturing System Adoption and Profitability: Nigerian Food and Beverages Firms Position.

VA¹

2019

IJAR

View full text Add to dashboard Cite

Impact of Lean Accounting Information on the Financial performance of the Healthcare Institutions: A Case Study

Cited by 17 publications

References 0 publications

The alignment between management accounting and lean manufacturing: rhetoric and reality

The alignment between management accounting and lean manufacturing: rhetoric and reality

Using Throughput Accounting for Cost Management and Performance Assessment: Constraint Theory Approach

Lean Manufacturing System Adoption and Profitability: Nigerian Food and Beverages Firms Position.

Contact Info

Product

Resources

About