by Lynn Northrup, CPA, CPIM - Lynn's focus is on building business value for both family-owned businesses and other CPAs. I also specialize in lean accounting, process improvement, internal control, and assessment of audit risk. Other accomplishments include publishing two books, development of self study programs for Bisk Education, and an Adjunct Professorship at Villanova University. My wife Jessica and I live in southwestern Colorado and we look forward to contributing to the AccountingWEB community.
08/31/2011 - 15:56 - 512 reads
Everyone wants success. I am going to give you a 5 step approach to achieving success and building value. The secret starts with creating a vision for what you want to achieve. The 5 steps necessary to achieve success are:
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04/14/2011 - 15:15 - 753 reads
How do you create a lean office? Here are some basic steps you can follow to get started. Usually the tendency is to look at administrative functions as departments like human resources, finance, purchasing, and engineering as if they contributed individually to the success of the organization without looking at the interaction between functions and departments. There is a failure to look at and evaluate the value stream design of the office.
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02/18/2011 - 18:25 - 949 reads
Lean process flow isn’t just for the manufacturing floor. The greatest opportunity lies in non-manufacturing areas such as government, hospital, and in administrative (back) offices. The possibilities are unlimited because old traditional habits are hard to break. A lean office eliminates waste and saves time.
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11/10/2010 - 13:28 - 589 reads -
The pathway to greater profitability is to focus on improving process flow. It is the key to unlocking the cash register and increasing profits. There are thousands of processes in most organizations. This means lots of opportunities for increasing profits.
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10/20/2010 - 15:26 - 1254 reads -
There is lots of new stuff for CPAs to ponder and understand. CPE is a requirement right?Well last week I went to get educated and updated. In case you haven’t noticed a lot of things have changed. And changed a lot! There are changes ranging from peer review to compilations, reviews, and audit standards. On top of all this stuff we have accounting standards codification.
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