The extent of applicability of the lean accounting in manufacturing and service companies in Turkey

Every company wants to achieve the highest profit at the lowest cost. However, companies currently face many challenges, so that companies strive to adopt ways that help them face these challenges. Lean accounting is one of the modern ways that focuses on creating value for the customers and realizing the profit by eliminating wasteful activities, and it is considered an alternative to traditional management accounting systems. This study investigate the applicability of the Lean accounting in manufacturing and service companies in Turkey. Questionnaire survey was prepared and distributed to a sample of manufacturing and service companies in Turkey and after analyzing the questionnaire survey, it was concluded that the Lean accounting can be applied, but this applying needs a firm desire by company's management. The study also showed that managers and accountants of the study sample do not have enough knowledge about the Lean accounting. Therefore, companies are recommended to learn more about this approach, work to abandon the traditional methods, replace them with Lean, and work on training employees to use tools of Lean.