Lean Accounting Series : Article 13 - Add value to the business, not headcount to the department

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Don't be an ancillary activity, take center stage!

Accounting is a function that records the transactions for activities that have taken place. Hence it is a post facto activity and many times looked at as an ancillary activity or just a recording activity. The accounts department is a storehouse of information and must be at the center of decision-making. Lean accounting promotes the concept of moving from the ancillary function to the main function. To derive value from information and pass it on to the entire organization.

The value of the business is in the numbers and the accounts department must be the custodian of the numbers.

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