Research Article
LEAN ACCOUNTING AND ITS IMPACT ON REDUCING PRODUCTION COSTS IN INDUSTRIAL COMPANIES: A FIELD STUDY ON INDUSTRIAL COMPANIES OPERATING IN THE STATE OF KHARTOUM/ SUDAN
Abstract
This study aimed to demonstrate the impact of lean accounting on reducing the cost of production in industrial companies. The analytical descriptive approach has been used in this study and it also tested the basic hypothesis which was the presence of any a statistical impact of lean accounting on reducing production costs. The study has come up with several results, including the presence of an impact of lean accounting on cost reduction. The study recommended several Recommendations, including the need for industrial companies to pay attention to continuous improvement, employees, and the performance linking scheme in order to contribute to reducing costs and pricing, beside competition locally and abroad.
References
- Abdel-Fattah, E. E., Introduction to inductive descriptive statistics using spss.
- Abdo, R. M. and Awwad, S. S. (2013 AD). Using Lean Accounting Tools to Reduce Costs, (Baghdad: Institute for Accounting and Financial Studies, University of Baghdad, Journal of Accounting and Financial Studies, Volume VIII, Issue 25.
- Abdullah, L. Q. (2021). The Impact of the Cost Accounting System and Leveraging Competitive Advantage (0 Government Support) in Reducing Costs in Public Sector Companies, Bilad Alrafidain Journal of, Humanities and Social Science Vol 1, No I.
- Ahmed, R. A. A. (2019 AD). The Role of Agile Accounting in Achieving Leadership in Higher Education Institutions from the Point of View of the Accounting Faculty Members at King Fahd University, Algeria: Martyr Hama Lakhdar University - Al-Wadi, Economics of Money and Business Journal, Volume 3, Issue 2.
- Ahmed, W. A. (2011 AD). Cost Reduction Methods between Intellectual Development and Practical Application, (Cairo: Cairo University, Faculty of Commerce, unpublished master's thesis.
- Al-Afif, J. H. (2017 AD). The Impact of Adopting the Components of Intellectual Capital in Building the Lean Accounting Method Foundations from the Point of View of Cost Accountants in Jordanian Industrial Companies, Anbar: Anbar University Journal of Economic and Administrative Sciences, Volume 9, Issue 20.
- Al-Bukhari, S. A. A. (2018 AD). The role of using open records accounting in reducing production costs, unpublished PhD thesis in accounting, Al-Neelain University, College of Graduate Studies.
- Al-Habr, N. A. (1997 AD). Towards a Proposed Approach to Reducing Costs in Saudi Industrial Facilities, Journal of Financial and Commercial Studies, Administrative Sciences, Cairo University: Faculty of Commerce, Beni Suef, Issue 3.
- Al-Kabji, M. W. (2018). The extent to which target costing and value engineering are applied as an input to reduce costs in industrial public shareholding companies, Gaza: Journal of Administrative Sciences, Vol. 41, No. 2.
- Allah, L. A. A. and Al-Siddiq, B. I. (2019 AD). The Impact of Integration between Resource Consumption Accounting and Lean Accounting System in Reducing Costs, (Khartoum, Sudan University of Science and Technology, Journal of Economic and Administrative Sciences, Deanship of Scientific Research, Volume 19 (1).
- Almusawi, E., Almagtome, A. and Shaker, A. S. (2019). Impact of Lean Accounting Information on the Financial performance of the Healthcare Institutions: A Case Study, Journal of Engineering and Applied Sciences Volume: 14, Issue: 2.
- Al-Nawafa'a, S. (2009). The application of total quality management in private hospitals, Journal of Specific Education Research.
- Al-Saudi, H. A. J. and Al-Qusaibi, A. A. H. (2018) Integration between Lean Accounting Techniques and the Sustainable Balanced Strategic Scorecard, Iraqi Journal of Administrative Sciences, University of Karbala, Iraq, Volume 12, Number 50.
- Ayca, B. (2011). The role of management Accounting System in implementing lean Business Strategies Master Thesis Accounting, Erasmus University Rotterdam, the Netherland.
- Briam, M. And Frances, A. K. (2007). Why do we need lean Accounting and How des it work? Journal of corporate Accounting and Finance , Vol 18.
- El-Dalahmeh, S. Extent of Implementing Target Costing and Value Engineering Approach to Reducing Costs: A Survey in Jordanian Shareholding Companies for Food Industries. Asian Journal of Finance & Accounting, Vol 10, No 1.
- Emeakponuzo, E. (2018). Patience Etim, Lean Accounting and Waste Management in Brewery Industry in Nigeria, Journal of Advances in Research, Vol 15, No 1.
- Fatoum, M. and Haggana, A. (2018 AD). Disclosure of Lean Accounting Using Value Stream, (Algeria: University of Zayan Ashour Al-Jaffa, Al-Muntada Journal for Economic Studies and Research, Fourth Issue.
- Hanafi, S. W. Z. (2013). Product costing la lean manufacturing Organization Research. Journal of Finance and Accounting, Vol 4, No 6.
- Hayat, B. and Wasila, B. S. (2018 AD). Lean Accounting and Customer Value Creation. Algeria: Kasdi Merbah University, Journal of Algerian Institutions Performance, Issue 13.
- Ismail, K. I. and Al-Bakri, R. H. (2015 AD). The Role of Lean Accounting in Supporting Corporate Governance to Achieve Competitive Advantage, Baghdad: Institute for Accounting and Financial Studies, University of Baghdad, Journal of Accounting and Financial Studies, Volume 32.
- Issa, I. T. and Abdel-Sayed, N. H. (2021). The Role of Lean Accounting Using the Value Stream Map in Reducing Product Costs, Basra: University of Basra, College of Administration and Economics, Volume 15, Issue 31.
- Kazem, H. J. (1998). The Role of Lean Accounting in Reducing Administrative Expenses, ARTICLE, Journal of University of Babylon for Pure and Applied Sciences, Vol 30, No1.
- Kazem, H. K. (2011, AD). Continuous Improvement by the Kaizen Costing Method and the Possibility of Adopting It in Tire Manufacturing Companies, Najaf, 0 Baghdad: Kufa Studies Journal, Volume 1, Issue 21.
- Majeed, M. A. and Youssef, K. B. (2019 AD). The Role of Lean Accounting in Achieving the Competitive Advantage of Industrial Enterprises in Light of the Lean Industrialization Approach (Algeria: Institute of Economic Sciences, Araa Journal for Economic and Administrative Studies, Volume 2, Issue 1.
- Mirghani, W. and Damdum, Z. (2022 AD). Lean Accounting and its Role in Enhancing the Cost-Based Competitive Strategy, Al-Basat for Economic Studies, Issue 7, Volume One
- Mohamed, S. A. (2015 AD). The Role of Lean Accounting in the Continuous Improvement of the Total Performance of Enterprises, (Port Said: Port Said University, Faculty of Commerce, Journal of Practical and Commercial Research, Vol. 1.
- Mohsen, E. A. S. (2016 AD). The extent to which lean accounting tools are used to achieve a competitive advantage in light of total quality management. Gaza: Al-Azhar University, Deanship of Graduate Studies, Master's thesis in Accounting, Faculty of Economics and Administrative Sciences, unpublished.
- Mostafa, A. Z. (2009). An analytical study of methods and approaches to cost reduction in light of modern environmental changes, a proposed framework for application in the Egyptian environment, Helwan: Helwan University, Faculty of Commerce and Business Administration, unpublished master's thesis.
- Muhammad, R. M. A. (2019 AD), Procedures for applying lean accounting in economic units that turn into leanness, Baghdad: Baghdad University College of Economic Sciences Journal, Issue 57.
- Rima, B. B. (2021 AD), The Role of the Just-In-Time (JIT) Production System in Reducing Product Costs, University of Louis Ali Blida, Creativity Magazine, Volume 11, Issue 1.
- Saleh, A. J. (2013 AD). Factors Affecting Reducing the Cost of New Products, (Zagazig: Faculty of Commerce, Commercial Research Journal, Volume 35, Issue 1.
- Shuja, M. F. (2015 AD). The Role of Accounting in Reducing Costs, An Applied Study on Fine Sanitary Paper Company, Middle East University, Master's Thesis in Accounting, Department of Accounting, College of Business Administration.
- Sitoresmi, M. W. (2018). A manufacturing Industry Framework That Has Implications For The Lean Accounting, Economics and Accounting Journal, Vol. 1, No. 3.
- Sultan, R. (2015 AD). A proposed vision for the development of the Deanship of Community Service and Continuing Education at the University of Tabuk in the introduction to the Department of Excellence, Education (Al-Azhar), a peer-reviewed scientific journal for educational, psychological and social research, 34 (62).
- Walid, E. (2020 AD). The extent to which value stream analysis is applied as one of the lean accounting tools in economic institutions, Algeria: Hassiba Ben Bou Ali University Journal of Business Economic Leadership, Volume 6, Issue 4.
- Youssef, A. M. (2021 AD). The Impact of Resource Consumption Accounting and Project Resource Planning Systems in Reducing Costs and Supporting Competitive Advantage. PhD thesis in Accounting, unpublished.
YALIN MUHASEBE VE SANAYİ ŞİRKETLERİNDE ÜRETİM MALİYETLERİNİN AZALTILMASINA ETKİSİ: SUDAN/ HARTUM EYALETİNDE FAALİYET GÖSTEREN SANAYİ FİRMALARI ÜZERİNE BİR ALAN ÇALIŞMASI
Abstract
Bu çalışma, yalın muhasebenin sanayi şirketlerinde üretim maliyetlerinin azaltılmasına etkisini ortaya koymayı amaçlamıştır. Bu çalışmada analitik tanımlayıcı yaklaşım kullanılmış ve aynı zamanda yalın muhasebenin üretim maliyetlerini düşürmede istatistiksel bir etkisinin olup olmadığı temel hipotezi de test edilmiştir. Çalışma, yalın muhasebenin maliyet azaltma üzerindeki etkisinin varlığı da dahil olmak üzere çeşitli sonuçlar ortaya çıkardı. Çalışmada, sanayi şirketlerinin yurt içi ve yurt dışı rekabetin yanı sıra maliyetlerin ve fiyatlandırmanın azaltılmasına katkıda bulunmak için sürekli iyileştirmeye, çalışanlara ve performans bağlantı şemasına dikkat etmeleri gerektiği de dahil olmak üzere çeşitli öneriler sunuldu.
References
- Abdel-Fattah, E. E., Introduction to inductive descriptive statistics using spss.
- Abdo, R. M. and Awwad, S. S. (2013 AD). Using Lean Accounting Tools to Reduce Costs, (Baghdad: Institute for Accounting and Financial Studies, University of Baghdad, Journal of Accounting and Financial Studies, Volume VIII, Issue 25.
- Abdullah, L. Q. (2021). The Impact of the Cost Accounting System and Leveraging Competitive Advantage (0 Government Support) in Reducing Costs in Public Sector Companies, Bilad Alrafidain Journal of, Humanities and Social Science Vol 1, No I.
- Ahmed, R. A. A. (2019 AD). The Role of Agile Accounting in Achieving Leadership in Higher Education Institutions from the Point of View of the Accounting Faculty Members at King Fahd University, Algeria: Martyr Hama Lakhdar University - Al-Wadi, Economics of Money and Business Journal, Volume 3, Issue 2.
- Ahmed, W. A. (2011 AD). Cost Reduction Methods between Intellectual Development and Practical Application, (Cairo: Cairo University, Faculty of Commerce, unpublished master's thesis.
- Al-Afif, J. H. (2017 AD). The Impact of Adopting the Components of Intellectual Capital in Building the Lean Accounting Method Foundations from the Point of View of Cost Accountants in Jordanian Industrial Companies, Anbar: Anbar University Journal of Economic and Administrative Sciences, Volume 9, Issue 20.
- Al-Bukhari, S. A. A. (2018 AD). The role of using open records accounting in reducing production costs, unpublished PhD thesis in accounting, Al-Neelain University, College of Graduate Studies.
- Al-Habr, N. A. (1997 AD). Towards a Proposed Approach to Reducing Costs in Saudi Industrial Facilities, Journal of Financial and Commercial Studies, Administrative Sciences, Cairo University: Faculty of Commerce, Beni Suef, Issue 3.
- Al-Kabji, M. W. (2018). The extent to which target costing and value engineering are applied as an input to reduce costs in industrial public shareholding companies, Gaza: Journal of Administrative Sciences, Vol. 41, No. 2.
- Allah, L. A. A. and Al-Siddiq, B. I. (2019 AD). The Impact of Integration between Resource Consumption Accounting and Lean Accounting System in Reducing Costs, (Khartoum, Sudan University of Science and Technology, Journal of Economic and Administrative Sciences, Deanship of Scientific Research, Volume 19 (1).
- Almusawi, E., Almagtome, A. and Shaker, A. S. (2019). Impact of Lean Accounting Information on the Financial performance of the Healthcare Institutions: A Case Study, Journal of Engineering and Applied Sciences Volume: 14, Issue: 2.
- Al-Nawafa'a, S. (2009). The application of total quality management in private hospitals, Journal of Specific Education Research.
- Al-Saudi, H. A. J. and Al-Qusaibi, A. A. H. (2018) Integration between Lean Accounting Techniques and the Sustainable Balanced Strategic Scorecard, Iraqi Journal of Administrative Sciences, University of Karbala, Iraq, Volume 12, Number 50.
- Ayca, B. (2011). The role of management Accounting System in implementing lean Business Strategies Master Thesis Accounting, Erasmus University Rotterdam, the Netherland.
- Briam, M. And Frances, A. K. (2007). Why do we need lean Accounting and How des it work? Journal of corporate Accounting and Finance , Vol 18.
- El-Dalahmeh, S. Extent of Implementing Target Costing and Value Engineering Approach to Reducing Costs: A Survey in Jordanian Shareholding Companies for Food Industries. Asian Journal of Finance & Accounting, Vol 10, No 1.
- Emeakponuzo, E. (2018). Patience Etim, Lean Accounting and Waste Management in Brewery Industry in Nigeria, Journal of Advances in Research, Vol 15, No 1.
- Fatoum, M. and Haggana, A. (2018 AD). Disclosure of Lean Accounting Using Value Stream, (Algeria: University of Zayan Ashour Al-Jaffa, Al-Muntada Journal for Economic Studies and Research, Fourth Issue.
- Hanafi, S. W. Z. (2013). Product costing la lean manufacturing Organization Research. Journal of Finance and Accounting, Vol 4, No 6.
- Hayat, B. and Wasila, B. S. (2018 AD). Lean Accounting and Customer Value Creation. Algeria: Kasdi Merbah University, Journal of Algerian Institutions Performance, Issue 13.
- Ismail, K. I. and Al-Bakri, R. H. (2015 AD). The Role of Lean Accounting in Supporting Corporate Governance to Achieve Competitive Advantage, Baghdad: Institute for Accounting and Financial Studies, University of Baghdad, Journal of Accounting and Financial Studies, Volume 32.
- Issa, I. T. and Abdel-Sayed, N. H. (2021). The Role of Lean Accounting Using the Value Stream Map in Reducing Product Costs, Basra: University of Basra, College of Administration and Economics, Volume 15, Issue 31.
- Kazem, H. J. (1998). The Role of Lean Accounting in Reducing Administrative Expenses, ARTICLE, Journal of University of Babylon for Pure and Applied Sciences, Vol 30, No1.
- Kazem, H. K. (2011, AD). Continuous Improvement by the Kaizen Costing Method and the Possibility of Adopting It in Tire Manufacturing Companies, Najaf, 0 Baghdad: Kufa Studies Journal, Volume 1, Issue 21.
- Majeed, M. A. and Youssef, K. B. (2019 AD). The Role of Lean Accounting in Achieving the Competitive Advantage of Industrial Enterprises in Light of the Lean Industrialization Approach (Algeria: Institute of Economic Sciences, Araa Journal for Economic and Administrative Studies, Volume 2, Issue 1.
- Mirghani, W. and Damdum, Z. (2022 AD). Lean Accounting and its Role in Enhancing the Cost-Based Competitive Strategy, Al-Basat for Economic Studies, Issue 7, Volume One
- Mohamed, S. A. (2015 AD). The Role of Lean Accounting in the Continuous Improvement of the Total Performance of Enterprises, (Port Said: Port Said University, Faculty of Commerce, Journal of Practical and Commercial Research, Vol. 1.
- Mohsen, E. A. S. (2016 AD). The extent to which lean accounting tools are used to achieve a competitive advantage in light of total quality management. Gaza: Al-Azhar University, Deanship of Graduate Studies, Master's thesis in Accounting, Faculty of Economics and Administrative Sciences, unpublished.
- Mostafa, A. Z. (2009). An analytical study of methods and approaches to cost reduction in light of modern environmental changes, a proposed framework for application in the Egyptian environment, Helwan: Helwan University, Faculty of Commerce and Business Administration, unpublished master's thesis.
- Muhammad, R. M. A. (2019 AD), Procedures for applying lean accounting in economic units that turn into leanness, Baghdad: Baghdad University College of Economic Sciences Journal, Issue 57.
- Rima, B. B. (2021 AD), The Role of the Just-In-Time (JIT) Production System in Reducing Product Costs, University of Louis Ali Blida, Creativity Magazine, Volume 11, Issue 1.
- Saleh, A. J. (2013 AD). Factors Affecting Reducing the Cost of New Products, (Zagazig: Faculty of Commerce, Commercial Research Journal, Volume 35, Issue 1.
- Shuja, M. F. (2015 AD). The Role of Accounting in Reducing Costs, An Applied Study on Fine Sanitary Paper Company, Middle East University, Master's Thesis in Accounting, Department of Accounting, College of Business Administration.
- Sitoresmi, M. W. (2018). A manufacturing Industry Framework That Has Implications For The Lean Accounting, Economics and Accounting Journal, Vol. 1, No. 3.
- Sultan, R. (2015 AD). A proposed vision for the development of the Deanship of Community Service and Continuing Education at the University of Tabuk in the introduction to the Department of Excellence, Education (Al-Azhar), a peer-reviewed scientific journal for educational, psychological and social research, 34 (62).
- Walid, E. (2020 AD). The extent to which value stream analysis is applied as one of the lean accounting tools in economic institutions, Algeria: Hassiba Ben Bou Ali University Journal of Business Economic Leadership, Volume 6, Issue 4.
- Youssef, A. M. (2021 AD). The Impact of Resource Consumption Accounting and Project Resource Planning Systems in Reducing Costs and Supporting Competitive Advantage. PhD thesis in Accounting, unpublished.
There are 37 citations in total.
Details
| Primary Language | English |
|---|---|
| Subjects | Accounting, Auditing and Accountability (Other) |
| Journal Section | Research Articles |
| Authors | |
| Early Pub Date | June 13, 2024 |
| Publication Date | August 30, 2024 |
| Submission Date | May 30, 2024 |
| Acceptance Date | June 3, 2024 |
| Published in Issue | Year 2024 Volume: 6 Issue: 15 |
