JIT in Management Accounting - a discussion agenda

The following discussion agenda is on the topic of Just in time in Management Accounting study:

1. The 7 aspects of JIT implementation
• Employee involvement, quality, uniform factory load, set-up time reduction, machine cells, JIT purchasing, Pull system (Kanban)
2. Implications for Management Accounting Systems
• On process costing
• On JIT purchasing
• On material movement & recording
• ON labour recording
• On overheads
• On employee payment schemes
• On managers' information needs
• product costs
• performance monitoring
3. Reasons for adoption JIT and JIT in practice

Study note

References

1. Cobb, I. (1993) JIT and the Management Accountant: A study of current UK practice, The Chartered Insitute of Management Accountants, UK.
2. A blog article on JIT manufacturing: http://josephho33.blogspot.hk/2011/09/just-in-time-manufacturing-brief-note.html
3. On backflush accounting: http://josephho33.blogspot.hk/2012/10/backflush-accounting-some-resources.html