Booking options
£12
£12
On-Demand course
1 hour
All levels
Welcome to the world of Theory of Constraints, Throughput Accounting and Lean Accounting. This course is designed to introduce you to these fundamental concepts, providing you with an in-depth understanding of how they work and how they can benefit your business.
The course is divided into four units, starting with an introduction to the Theory of Constraints and Throughput Accounting. From there, we move onto Lean Accounting, exploring its concepts and performance measures. We then delve deeper into Value Stream Management and the tools of Lean Accounting, before finishing with a summary of what we have learned and a Lean Accounting assignment.
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 __ GBP. £9 for PDF Certificate and £15 for the Hardcopy Certificate within the UK ( An additional £10 postal charge will be applicable for international delivery).
10 CPD hours / points Accredited by CPD Quality Standards
The course is ideal for highly motivated individuals or teams who want to enhance their professional skills and efficiently skilled employees.
There are no formal entry requirements for the course, with enrollment open to anyone!
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
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.
With a team of industry professionals producing and delivering our course content, you can be sure the skills and knowledge you learn apply to your career aspirations in manag...