My Take on Lean - which one is straight. I could give you a...

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My take on Lean - 1 - My Take on Lean Sheri Brown Acc 202 Instructor Watson September 20, 2010
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My take on Lean - 2 - Just as accounting 201 did, 202 is showing me that numbers aren’t as easily added up as when we were in high school. I personally think this entire article is why accounting should be legally limited to one practice. The entire reason why we have situations like Enron, is due to the multiple accounting practices allowed and leads to conflicting reports. I understand the accounting needs of the early 1900s is different than today’s, however there are so many different angles that accounting has, it’s hard to tell
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Unformatted text preview: which one is straight. I could give you a blanket answer, as most of these assignments asks for, but why? What would that prove? That I can read, and retype what I learn? I learned a bunch of new glossary words. Lean Accounting categorizes things by value streams, not basic categories. Even this new way of accounting has its faults, so why is it allowed? I think accountants are being paid more, just to figure out what kind of accounting will benefit their clients best, rather than just doing the accounting....
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This note was uploaded on 09/26/2010 for the course BUSINESS acc 202 taught by Professor Watson during the Spring '10 term at Ashford University.

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My Take on Lean - which one is straight. I could give you a...

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