Volume 8, Issue 3, June 2019, Page: 153-160
Effect of Lean Accounting on the Effectiveness of Internal Control in Jordanian Industrial Companies
Atallah Ahmad Alhosban, Aqaba University of Technology, Financial and Managerial College, Accounting, Aqaba, Jordan
Mohammed Alsharairi, Financial and Managerial College, Irbid National University, Accounting, Irbid, Jordan
Received: Apr. 25, 2019;       Accepted: Jun. 4, 2019;       Published: Jun. 27, 2019
DOI: 10.11648/j.ijber.20190803.19      View  143      Downloads  23
Abstract
The study aimed at explaining the effect of the use of lean accounting on the internal control components, namely accounting control and administrative control. A questionnaire was designed to achieve the objectives of the study. The study community shall be the internal auditors of the Jordanian industrial companies, which shall participate in the primary market only. The most important results of the study The industrial companies are based on the restructuring of their products from time to time based on customer requests, and this contributes to the achievement of financial control and accounting for production costs, and The industrial companies shift the reduction of production costs by reducing the cost of inventory to the lowest levels in order to control the assets and safety of the company and maintain a certain level of quality in the financial statements. the most important recommendations of the study: The need to achieve self-control of manufacturing processes by taking the target price and target cost, and the necessity of achieving the best product for the customers in terms of quality and the appropriate price, which affects positively on the achievement of cost control through the work of planning budgets.
Keywords
Lean Accounting, Internal Control, Accounting Control, Managerial Control
To cite this article
Atallah Ahmad Alhosban, Mohammed Alsharairi, Effect of Lean Accounting on the Effectiveness of Internal Control in Jordanian Industrial Companies, International Journal of Business and Economics Research. Vol. 8, No. 3, 2019, pp. 153-160. doi: 10.11648/j.ijber.20190803.19
Copyright
Copyright © 2019 Authors retain the copyright of this article.
This article is an open access article distributed under the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/) which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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