Throughput Accounting

Thomas Corbett Throughput Accounting
By Thomas Corbett
Learn how to apply the Theory of Constraints to management accounting.

The Theory of Constraints (TOC), a management philosophy derived from physics, assumes that constraints prevent organizations from achieving better performance. TOC is based on a scientific method that has been developed and refined for nearly three decades by Dr. Eliyahu M. Goldratt. As a tool for business management, TOC is now accepted as a mainstream alternative to cost accounting.

Throughput Accounting:
• Reveals a new management tool for managerial accounting and shows an alternative path for other management practices.
• Enables managers to quickly see if their decisions increase profitability.
• Demonstrates some of cost accounting’s flaws, and shows how these errors will lead to bad decision making.
• Compares the paradigm of TOC-based throughput accounting with more conventional cost accounting methodologies and in the process, demonstrates a new way to solve the complex problems of modern management.

Available in English, Japanese and Lithuanian.

$25.00