Lean Accounting
Lean Accounting is a methodology that focuses on streamlining accounting processes to eliminate waste, reduce inefficiencies, and improve overall financial performance. It emphasizes the importance of providing accurate and relevant financial information in a timely manner to support decision-making and drive continuous improvement within an organization. Lean Accounting principles often involve simplifying financial reporting, eliminating non-value-added activities, and promoting a culture of cost-consciousness throughout the organization.
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