myCPE

The Theory of Constraints and Lean Accounting 3 Credits

The Theory of Constraints and Lean Accounting 3 Credits

  • Rating

    4.5

  • Reviewed on

    February, 2025

  • Subject Area

    Specialized Knowledge

Learning mode

On Demand
  • Access the course at your convenience
  • Take the assessment test
  • Get your certificate
  • Attend the live interactive session
  • Answer the polling questions
  • Get your certificate

Learning Objectives

  • To identify the basics of the Theory of Constraints
  • To identify the Key principles in Throughput Accounting
  • To recognize why “flow” is important in the Theory of Constraints, Throughput Accounting and Lean Accounting
  • To identify the performance measures and KPIs of Throughput Accounting
  • To recall what Lean Accounting is and how it works

Course Overview

The purpose of management accounting is to support decision-making and performance management in an organization. As accountants, we must have a wide range of tools and techniques that we can use to support the needs of our organizations. Throughput Accounting and Lean Accounting are both examples of flow accounting that provide tools for process-orientated organizations. Throughput Accounting is designed to support management accounting in organizations that are implementing the tenets of the Theory of Constraints.

Lean Accounting, like Throughput Accounting, focuses on improving the flow of work through a business process and provides a variety of flexible tools to measure, manage and improve performance. This course covers the Theory of Constraints, Throughput Accounting, and Lean Accounting to give learners a thorough grounding of the main issues. It covers the following Key Topics:

  • What is the Theory of Constraints?
  • What is Throughput Accounting?
  • The Performance Measures of Throughput Accounting
  • What is Lean Accounting?
  • Accounting Transactions in Lean
  • Throughput Accounting, Lean Accounting, and the Financial Statements

There is a lot to cover, and I have made it as clear and accessible as possible. Other than an interest in business finance and performance management, there are no prerequisites for this course. I hope you enjoy it

On Demand Credits for All Qualifications

License details Credits Status
Specialized Knowledge for Certified Public Accountants (CPA-US) 3 CPE Approved
Management Accounting for CPA in Canada 3 CPD Eligible
Accounting & Auditing for Certified Management Accountants (CMA) 3 CPE Eligible
Specialized Knowledge for Delaware Licensed Public Accountant (DE-LPA) 3 CPE Eligible
Financial accounting for Certified Valuation Analyst (CVA) 3 CPE Eligible
Specialized Knowledge for Iowa Licensed Public Accountant (IA-LPA) 3 CPE Eligible
Specialized Knowledge for Maine Licensed Public Accountant (ME-LPA) 3 CPE Eligible
Financial accounting for Certified Business Appraiser (CBA)/Master Certified Business Appraiser (MCBA) 3 CPE Eligible

Additional Information

Credits

3

Course Level

Basic

Instructional Method

QAS Self Study

Group Internet Based

Pre-requisites

None

Advance Preparation

None

NASBA APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.com.

Explore CPA CPE Courses with MY-CPE. Our online offerings make it easy for you to fulfill your CPA CPE requirements. With a broad selection of topics taught by experienced professionals, you can enjoy flexible scheduling and self-paced learning. Say goodbye to traditional methods and begin your path to professional growth with us today!

About Instructor

Expand Your Accounting Skills with CPE/CPD Courses by Ross Maynard

Ross Maynard , FCMA

Managing Director, Ideas2Action Process Excellence Ltd

  • 4.4
  • rating
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My philosophy is to inspire, challenge and support change. I have nearly 30 years’ experience as a business author and consultant. 

As a consultant, I specialise in process improvement based on the Lean philosophy. I facilitate improvement teams and provide expertise in performance measurement and management; problem solving; and process improvement. ï»¿

As well as delivering webinars for MyCPE, I develop courses and webinars for the ACCA (Association of Chartered Certified Accountants) in the UK and other specialist business and finance providers.


I live in Scotland, near Glasgow, with my wife, daughter and Cocker Spaniel.

On Demand FAQs

What is Self Study (QAS)?

Self Study QAS (Quality Assurance Service) is a NASBA and other regulatory bodies approved program designed for Professionals to complete their Continuing Professional Education credits through self-paced, interactive courses that meet the highest standards of quality and compliance. We are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn CPE credits through self-study?

To earn CPE credits, you must complete the self-study course, pass the required assessments, and submit the necessary documentation. Credits are awarded based on the completion of course hours and successfully passing the assessments.

Are the self-study courses approved by NASBA and other regulatory bodies?

Yes, all our self-study courses are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the rigorous standards for quality and educational content set by these organizations.

What are the requirements to maintain compliance with self-study courses?

To maintain compliance, you must follow the guidelines set by NASBA and other regulatory bodies, which include completing the course within the specified timeframe, passing the assessments, and keeping accurate records of your learning activities.

How can I access my course completion certificates?

After successfully completing a self-study course and passing the assessments, you can access and download your course completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Reviews and Ratings

out of 5

Excellent (63%)

Very Good (22%)

Average (13%)

Poor (3%)

Terrible

BS

Bailey Sherratt, CPA in Canada

5

This was an incredibly insightful and valuable course. It offered knowledge and concepts I didn't learn even in my university and designation performance management courses. I will be using these theories and principles in my own professional capacity.

MM

Mark Mcdonald, CPA in Canada

5

Great course. really appreciated the practical examples and case studies. Great to see the presentation as more than just a slide deck.

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