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

Author:

Abdalla Eldoom Adam Adam1ORCID

Affiliation:

1. University of Nyala

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.

Publisher

Isparta Uygulamali Bilimler Universitesi

Reference37 articles.

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3. 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.

4. 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.

5. Ahmed, W. A. (2011 AD). Cost Reduction Methods between Intellectual Development and Practical Application, (Cairo: Cairo University, Faculty of Commerce, unpublished master's thesis.

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