A CONVERSATION WITH NICK KATKO
Practicing Lean Accounting
Event Overview
Join AME Host Ishan Galapathy as he chats with Lean Accounting Expert Nick Katko.
A lean organization must develop an effective and efficient management accounting function that complements its financial accounting system to provide a knowledge base for effectively making decisions about the future.
Nick Katko is an early pioneer of lean accounting. In the 1990s, as CFO of Bullard, Nick implemented a complete lean management accounting system in conjunction with Bullard’s lean transformation, which included eliminating standard costing. Katko learned that existing management accounting systems and financial management practices for lean organizations must be made relevant to ensure the success of a lean strategy.
Nick Katko joined BMA in 2002 and has leveraged his lean accounting experience and philosophy in assisting clients in developing, leading and coaching them in their lean accounting transformations, as well as lean strategy and lean office guidance. He served a range of organizations, from family-owned businesses to multi-national companies in industries such as manufacturing, healthcare, software, engineering and service.
Published Books
Nick Katko is co-author of The Lean Business Management System; Lean Accounting Principles & Practices Toolkit (2007) and The Lean CFO: Architect of the Lean Management System (2013). Nick’s latest book, Practicing Lean Accounting was published earlier this year. We will talk about Nick's new book and more!
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