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GA 399 | Practicing Lean Accounting with Mike De Luca and Nick Katko

Avatar photo By Jessica Bush Updated on November 23rd, 2021

This week’s guests are Mike De Luca and Nick Katko. Together with Ron they discussed the concept of lean accounting, and what its advantages are over traditional cost accounting. An MP3 audio version of this episode is available for download here.

In this episode you’ll learn: 

  • Mike’s favorite quote (4:16)
  • Their backgrounds (4:48)
  • Why lean accounting is important (6:23)
  • Why it’s better than traditional cost accounting (8:47)
  • What to do if the customer is wrong (13:24)
  • Using traditional cost accounting versus lean accounting in healthcare (15:40)
  • Leading and lagging indicators (24:13)
  • About their book (26:03)

Podcast Resources

What Do You Think?

Have you had any experience with lean accounting?

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Jessica Bush

Jessica is responsible for the editorial aspects of Gemba Academy’s content, focusing on course materials, podcast production, social media, and other copywriting efforts. An avid advocate of entrepreneurship, Jessica has worked with two technology startups as co-founder and head marketing strategist. Jessica received her BS in Business Administration from Cal Poly San Luis Obispo, with a minor in Music.

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