BMA Seminars -July 14th and 15th, 2009

BMA Europe

Tuesday and Wednesday
July 14th and 15th, 2009

The Cincinnatian Hotel
Cincinnati, OH

Attendance Fee (per person):	$1,499.00
Early registration fee if you register before May 31, 2009:	$1,350.00
Company discount for registering a group of 5 or more:	Call for information 609.239.1080 x5

What Is The Lean Accounting Master Class?

This master class is for managers introducing lean manufacturing and finding the traditional business management systems are working against them. The fundamental changes on the shop-floor must be mirrored by similar changes in accounting, sales & marketing, business decisions, purchasing, the planning processes, and the way we use information systems.

The lean business management system drives lean forward, provides clear and understandable information, motivates the right decisions, promotes continuous improvement, and is itself low cost and lean.

While working in the Lean Accounting context, this fast-paced, 2-day class will include "beyond Lean Accounting" topics including:

Value-based pricing
Lean sales & marketing
Lean culture and more

Why Is This Important?

Lean manufacturing is a tightly integrated system for delivering value to customers in a continuous flow, from order to delivery, while working continuously to improve the process. The organized value stream is the structure that underlies lean.

Because it is integrated, a lean system will resist a piecemeal approach to making improvements if they are made without considering the impact of changes on the system as a whole. In fact, attempting to implement lean approaches on a piecemeal basis (such as cell-by-cell) without an over-all understanding of how the changes fit into planned system performance usually will undermine rather than improve business results of the lean system.

We maintain that lean manufacturing cannot be sustained long term without lean accounting. Simply put: lean accounting is a discipline that applies lean thinking to accounting control and measurement of the value stream. Lean accounting embodies an approach that takes a “lean system view” to measuring and managing the financial performance of the lean business. Lean accounting is itself lean.

Excerpt from The Lean Business Management System: Lean Accounting:
Principles & Practices Toolkit, published by BMA Press, 2007

Who Should Attend?

This class is designed for managers and professionals in companies pursuing lean transformation. Executives and senior managers, operations managers, plant managers, value stream managers, controllers and accountants, sales and marketing managers, lean leaders and specialists, production engineers, and other key personnel.

This class deals with the practical management of a lean enterprise. We recommend you bring a small cross-functional team representing the executive, operations, finance, lean, and sales functions of the business.

Click above to download a pdf seminar brochure


	Brian Maskell, President of BMA Inc, has helped hundreds of companies on their lean journey over the past 15 years. A sought-after speaker, Mr Maskell is a leading authority internationally on Lean Accounting and has authored 8 books including "Practical Lean Accounting" (Productivity Press 2005) and "The Lean Business Management System" (BMA Press 2007) . He is a certified public accountant with the AICPA in the United States, a certified management accounting with CIMA in England, and is a fellow of the American Production & Inventory Control Society.
	Bruce Baggaley, Senior Partner, specializes in the development and implementation of management processes that incorporate Lean Accounting and lean performance management systems. His functional expertise includes the development of management information for operational and financial planning and control, in implementing financial accounting control systems Mr. Baggaley was a Accounting and Audit partner at KPMG responsible for strategic planning for the firm and a managing associate in the management controls consulting practice of Coopers & Lybrand in New York, and was a Professional Accounting Fellow at the Securities & Exchange Commission.
	Nick Katko, Senior Consultant, has led the companies in the implementation of lean accounting practices such as performance measurements, value stream costing, lean decision making and the elimination traditional standard cost systems. With BMA, Nick assists clients in lean accounting implementation. He works closely with clients to resolve the real-world issues they face in implementation. These include removing traditional cost-based performance measurement systems in favor of lean performance measurement systems, migrating from a traditional income statement to a value stream costing income statement, creating a transaction elimination maturity path. Nick is a Certified Public Accounting and has a BS in Accounting and MBA in Finance, both from the University of Kentucky.
	David Paino, Senior Consultant. was previously the Vice President of Operations with an auto-parts remanufacturing company in Philadelphia. David was the driving force behind the introduction of lean manufacturing and other lean methods that – according to the company’s President – saved the company in these increasingly competitive times. David is currently working on Lean Accounting projects with the Boeing Commercial Aircraft Company, a multi-national defense equipment manufacturer; a Maryland pre-fabricated building products company, and a division of the Ingersoll Rand Corporation. David also specializes in quick & easy kaizen methods that are used to motivate and empower the entire workforce for lean improvement.