Cost Accounting

In addition to a traditional cost accounting system support, Accounting Innovations provides forward looking models that are cost driver driven with linkage to product pricing. These models are designed to allow business to be more proactive in dealing with product pricing in inflationary periods as well as providing sales and marketing support materials for justifying pricing adjustments to their customers. We also take a non-traditional approach to traditional cost accounting in order to more accurately apply costs to products for better understanding of profit margins. Other costing services include inventory valuation including Lifo.

We can support your "lean" manufacturing initiatives with lean accounting. Our lean accouting practices help to support your manufacturing operations with the information needed to efficiently support your factory.

Kaizen (改善, Japanese for "continuous improvement")

A Japanese philosophy that focuses on continuous improvement throughout all aspects of life. When applied to the workplace, Kaizen activities continually improve all functions of a business, from manufacturing to management and from the CEO to the assembly line workers. By improving standardized activities and processes, Kaizen aims to eliminate waste.