Reviews for Real Numbers: Management Accounting in a Lean Organization

The average rating for Real Numbers: Management Accounting in a Lean Organization based on 2 reviews is 3.5 stars.

Review # 1 was written on 2010-01-14 00:00:00 Neill Omalley This is a great book on creating a lean organization and it's impact on the accounting function. The first part of the book concentrates on "What is lean?" and "How does it change things?" The second part of the book looks at how the accounting function changes from one of bean counter to one of high value business partner. An important concept is the idea of accuracy vs. precision. While much information is both, accountants tend to spend a great deal of time making information precise, while being accurate is good enough. As a past accountant for over 20 years, I myself have fallen into the precise trap. This book helped me understand why accuracy is to be preferred over precision: Precision can eat up valuable resources with little to show for it.

Review # 2 was written on 2009-06-04 00:00:00 Raymond Dilworth good practical advice for leaning accounting