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Accounting Information Systems

11th Edition
Ulric J. Gelinas + 3 others
ISBN: 9781337552127

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BuyFindarrow_forward

Accounting Information Systems

11th Edition
Ulric J. Gelinas + 3 others
ISBN: 9781337552127
Textbook Problem

In many popular publications, the terms “lean accounting” and “lean manufacturing” are used periodically.

  1. a. Research “lean manufacturing” and find out what concepts are conveyed by the term. How does lean manufacturing overlap with, and how is it different from, IPP?
  2. b. Research “lean accounting” and find out what concepts are conveyed by the term. Compare and contrast what you find in Table 15.1 (pg. 585).

a)

Summary Introduction

To determine: The concepts conveyed by the term “Lean manufacturing”.

Introduction:

Accounting Information System (AIS) is said to be the specialized subsystem of the Information System (IS). AIS can be used in the business events for the purpose of collecting, processing, and reporting the financial information.

Explanation

Determine the concepts conveyed by the term “Lean manufacturing”:

Flexibility, first-time quality, continuous improvement, and waste minimization are the concepts conveying by the term “lean manufacturing”...

b)

Summary Introduction

To determine: The concepts conveyed by the term “Lean accounting”.

Introduction:

Accounting Information System (AIS) is said to be the specialized subsystem of the Information System (IS). AIS can be used in the business events for the purpose of collecting, processing, and reporting the financial information.

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