The Theory of Constrainst and Lean Accounting

4.8 (4)

Ross Maynard

Ideas2Action Process Excellence Ltd

  • CPA
  • CMA

Before starting this self study program, please go through the instructional document.


  • The Theory of Constraints11 mins
  • Throughput Accounting18 mins
  • Throughput Accounting Metrics24 mins
  • Throughput Accounting Example33 mins
  • Introduction to Lean Accounting46 mins
  • Lean Performance Measures52 mins
  • Creating Lean Performance Measures67 mins
  • Manage by Value Stream90 mins
  • Lean Accounting Tools107 mins
  • Transaction Elimination120 mins

Course Description

The purpose of management accounting is to support decision-making and performance management in an organization.

As accountants, therefore, 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, focusses 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. Topics covered include:

  • What is the Theory of Constraints?
  • What is Throughput Accounting?
  • The Performance Measures of Throughput Accounting
  • What is Lean Accounting?
  • The Seven Aims of Lean Accounting
  • Lean Performance Measures
  • Performance measures and decision-making in 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 pre-requisites for this course. I hope you enjoy it.

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

Who Should Attend?

  • Accountant
  • CPA - Small Firm
  • CPA - Mid Size Firm
  • Accounting Firm
  • Young CPA
  • CPA in Business
  • Entrepreneurial CPA
  • Accounting Practice Owners
  • Accounts Director
  • Chief Accounting Officer
  • Accounting Managers





This was well put together, well presented, and effective in delivering the information. I would definitely complete another course with this instructor.