Are you getting a true picture of your
company’s performance?
The disturbing answer, for most senior managers and CFOs today, is no. The culprit? Current management accounting practices produce financial statements that are
unnecessarily complex and confusing. As a result, most companies are run by executives who do not fully understand their own financial information.
The authors of Real Numbers, each a chief financial executive in a pioneering lean company, describe how management accounting evolved to this point and how simplicity and clarity can be restored – particularly
in a lean organization. Because you rely on your company’s financial information to make critical business decisions, Real Numbers is your next essential read.
Advance praise for Real Numbers:
“At last, someone has found a way to explain lean thinking to the financial world! And in the process, Orry Fiume and Jean Cunningham have written a text so simple and clear that operations managers can understand lean financial thinking and use their new knowledge to start a win-win dialogue with their financial colleagues. Managers in every firm attempting a lean transformation need to read Real Numbers and make their numbers real.”
James Womack, Author of Lean Thinking and The Machine that Changed the World
“This book is GREAT. If you're ready to learn how traditional accounting distorts, confuses and even lies, and are ready for a healthy dose of the truth, this is a must read. This book will change and improve your business forever!”
Jason Jennings, Best-Selling Author of, Less Is More and It's Not The Big That Eat The Small - It's The Fast That Eat The Slow
“Traditional standard cost absorption accounting systems lead people in the opposite direction of where lean management intends to go. This book provides a first-time template for overcoming this problem. It should become the bible for lean accounting systems.”
Art Byrne, Operating Partner, J W Childs Associates, and Former Chairman, President and CEO of The Wiremold Company
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