BMA
Using relevant and reliable information to improve decision making and drive financial success

The financial impact of Lean is well known. Focusing an organization on customer value results in revenue growth, and that the deployment of Lean eliminates waste, creates flow, and improves cost management. But before any of that appears, a fundamental shift must occur in what and how an organization measures itself operationally and financially, and that’s what Lean Accounting is all about. In this workshop through presentation, case study exercises and discussion, you will learn why lean organizations need Lean management accounting systems, how to build and use a Lean management accounting system to make relevant information available to decision makers on a timely basis and how to sustain a Lean management accounting system with Lean financial practices.

Presenter

Nick Katko, President/Owner

Nick Katko is President and owner of BMA. For over 30 years, Nick has leveraged his lean accounting experience and philosophy in assisting BMA clients in developing, leading and coaching them in their lean accounting transformations. Nick has worked with companies around the world, from family-owned businesses to multi-national companies, in industries such as manufacturing, healthcare, software, engineering and service.  Nick is an early pioneer of lean accounting. In the 1990’s, as CFO of Bullard, Nick implemented a complete lean management accounting system in conjunction with Bullard’s lean transformation, which included eliminating standard costing. Nick is a regular speaker at the annual Lean Accounting Summit and has also presented at conferences around the world.   Nick is co-author of “Practicing Lean Accounting” (2021) and author of “The Lean CFO” (2013) and a regular contributor to The Journal of Cost Management.

Rating: Intermediate

Full/Half:  Full Day