Throughput Accounting by Thomas Corbett

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Publisher Description

Learn How To Apply The Theory Of Constraints To Management Accounting.

The Theory of Constraints, a management approach stemmed from physics, assumes that restrictions prevent organizations from accomplishing much better efficiency. The Theory of Constraints (TOC) is based on a clinical technique that has actually been established and refined for almost three decades by Dr. Eliyahu M. Goldratt. As a tool for business management, TOC is now accepted as a mainstream option to cost accounting.

Throughput Accounting

Reveals a new management tool for managerial accounting and shows an alternative course for other management practices.

Enables supervisors to swiftly see if their decisions enhance success.

Shows a few of expense accounting's flaws, and shows how these mistakes will certainly lead to bad decision making.

Compares the paradigm of TOC-based throughput accounting with more traditional expense accounting methodologies and while doing so, shows a new way to fix the complex issues of contemporary management.


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