Delving into the world of performance improvement and financial insight, this course explores three dynamic methodologies: Theory of Constraints (TOC), Throughput Accounting, and Lean Accounting. Designed to help learners understand how bottlenecks affect organisational flow and profitability, the course breaks down each concept into digestible, well-paced modules. TOC introduces the logic of constraint-based thinking, Throughput Accounting reshapes how financial outcomes are viewed, and Lean Accounting sharpens the focus on customer value without the clutter of traditional costing.
Whether you're managing budgets or refining operational efficiency, this course offers clear strategies that speak the language of results. With easy-to-follow explanations and engaging visuals, it helps make sense of complex theories without drowning learners in jargon. By the end, you'll be equipped with fresh perspectives that can support smarter, quicker decision-making—without spreadsheets throwing tantrums.
Learning Outcomes:
Understand the fundamental concepts of Theory of Constraints, Throughput Accounting and Lean Accounting.
Be able to measure business performance using Throughput Accounting.
Understand Lean Accounting concepts and how to create lean performance measures.
Learn how to manage by value stream and quantify the benefits of improvement activity.
Be able to plan by value stream and use the tools of Lean Accounting.
Apply the concepts learned to enhance business performance and profitability.
This course offers a comprehensive understanding of the Theory of Constraints, Throughput Accounting and Lean Accounting. It is ideal for anyone interested in improving their business processes and financial management skills.
You will learn how to measure business performance using Throughput Accounting, as well as how to create lean performance measures. Additionally, you will be introduced to the tools of Lean Accounting, and learn how to manage by value stream, quantify the benefits of improvement activity, and plan by value stream.
By the end of this course, you will have a solid understanding of these essential business concepts, and be able to apply them to your organisation, enhancing its performance and profitability.
How is the course assessed?
Upon completing an online module, you will immediately be given access to a specifically crafted MCQ test. For each test, the pass mark will be set to 60%.
Exam & Retakes:
It is to inform our learners that the initial exam for this online course is provided at no additional cost. In the event of needing a retake, a nominal fee of £9.99 will be applicable.
Certification
Upon successful completion of the assessment procedure, learners can obtain their certification by placing an order and remitting a fee of £9 for PDF Certificate and £15 for the Hardcopy Certificate within the UK ( An additional £10 postal charge will be applicable for international delivery).
CPD
10 CPD hours / points Accredited by CPD Quality Standards
Who is this course for?
The course is ideal for highly motivated individuals or teams who want to enhance their professional skills and efficiently skilled employees.
Requirements
There are no formal entry requirements for the course, with enrollment open to anyone!
Career path
You will have the opportunity to explore various job prospects in diverse industries, which offer positions and pay scales including:
Operations Manager - £24,000 - £65,000 per annum
Lean Six Sigma Specialist - £35,000 - £70,000 per annum
Business Analyst - £25,000 - £54,000 per annum
Supply Chain Manager - £29,000 - £68,000 per annum
Certificates
Certificate of completion
Digital certificate - £9
You can apply for a CPD Accredited PDF Certificate at the cost of £9.
Certificate of completion
Hard copy certificate - £15
Hard copy can be sent to you via post at the expense of £15.