Lean Finance

From our Specialty Course Track!

5/25/2021 – 5/26/2021
12:00 PM – 4:00 PM


Lean Finance

Lean Management Accounting Online Training & Certification Course

Instructor & coach: Nick Katko

In this 8 hour interactive learning experience, participants will be able to earn a BMA Level 1 Lean Management Accounting Certification. Certified Public Accountants who attend this course can also receive 8 hours of continuing education credit.

Course participants will earn their certification by demonstrating the ability to recall, understand and apply the principles, practices and tools of lean management accounting through:

  • questions and answers
  • problem solving
  • case study discussion
  • exercises

Upon completion of the course, participants will be able to:

  • Explain and illustrate the benefits of lean management accounting to their company
  • Analyze their current management accounting system and develop a transformation plan
  • Use their knowledge to conduct a lean management accounting pilot in their company

This course will consist of two 4-hour classes. Individual one-on-one coaching with Nick Katko will be available between sessions to answer any questions as you work your assignments.


Individual: $900.00

Corporate discounts available (3 or more registrants)- call 860-245-5006 or email info@themurligroup.com for more information

Course Description

Long-term financial improvement is an outcome of a lean strategy. In order for this to occur, a lean company must develop a lean management accounting system that complements its financial accounting system to provide a knowledge base for effectively making decisions about the future (this is critical because the focus of financial accounting is on past activity). Lean management accounting provides decision makers with understandable and useful information to improve the quality of business decision making – the actual relationships between lean operational performance and financial numbers.

Course Schedule and Learning Objectives

Session 1: May 25, 2021 12:00 – 4:00 pm US Eastern time

  • Principles of Lean Management Accounting
    • Economics of lean
    • Lean Financial Thinking
    • Waste in management accounting systems
    • Lean Performance Measurements
      • Basic lean performance measurements
      • How to create a lean performance measurement system
      • Value Stream Income Statement
        • Principles of value stream income statement
        • How to develop a value stream income statement
        • Value stream costing practices

Session 2: May 26, 2021 12:00 – 4:00 pm US Eastern time

  • Value Stream Capacity
    • The relationships between capacity, performance and costs
    • How to calculate value stream capacity
    • Methods to use available capacity to create economic value
    • Lean Financial Management
      • Principles of lean financial management
      • Why the Box Score is the understandable and useful information for decision making
      • How to apply the Box Score to business decision making
      • How to change thinking in decision making using PDCA
      • Developing a Lean Management Accounting System
        • Methods to change thinking
        • How to develop a pilot
        • Components of a lean management accounting system
        • Dealing with typical obstacles and issues

Session 3: Final one-on-one coaching session

  • Date and time set up between each participant and Nick Katko

Meeting Platform: Zoom

Registrants will receive Zoom invitations prior to all sessions. Sessions will be recorded.

Continuing Education Credits for CPAs: 8 hours of CPE credit through this online training

Field of Study: Specialized Knowledge

Advanced Preparation: None

Program Level: Basic

Delivery Method: Group Internet

CPE Credits Earned: 6 (You must attend each live course)

May 25, 26, 2021- 12:00- 4:00 EDT each day
To register for the Course, click HERE

Email info@themurligroup.com or call 860-245-5006 for more information

Contact The Murli Group
Find out how we can help strengthen your company from the ground up»

The Murli Group

14 Pearl Street
Mystic, CT 06355


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