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IMA Lunch Meeting August 18, 2016

posted Aug 10, 2016, 6:32 AM by IMA Savannah   [ updated Aug 10, 2016, 6:49 AM ]
Beau Ganas on Throughput Accounting

This meeting features Beau Ganas as our guest speaker on the topic of Throughput Accounting. 

 



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http://savannahcoffee.com/ima-lunch-and-learn/

Beau Ganas is a consultant who provides tremendous breakthroughs in performance by applying The Theory of Constraints to help his clients control and leverage the resources in their businesses. He is a master accountant, having become one of the foremost experts in the field of managerial accounting. Beau is the President of the Lowcountry Institute of Management Accountants, which he co-founded with Chuck Troiani (a former audit client!). Beau is the co-chair of the Finance Committee for the Summerville Family YMCA and is a supporter of Charleston Southern University Board of Visitors. Beau attended The University of Georgia earning degrees in Management Information Systems, Accounting and a Master of Accountancy in Taxation. Beau’s previous roles include financial institution, manufacturing, and agricultural auditing as well as serving as the Controller of a large custom fabricating and MRO facility in Charleston, SC.

 

Title: Throughput Accounting: A Maverick approach to making decisions

             Throughput Accounting was developed by Dr. Eli Goldratt, the father of the Theory of Constraints

             Throughput Accounting is a more robust solution to support decision making than conventional cost accounting systems

             Throughput Accounting is simple on the surface but provides profound and often times counter intuitive answers when compared to traditional cost accounting and also ABC.

             Almost all cost accountants will admit there are significant flaws in cost accounting, but they do not know what the solution to those problems should look like. TA is that answer.

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