Plant Tour and Presentation
With annual sales exceeding $13 billion in fiscal year 2014, Parker Hannifin is the world's leading diversified manufacturer of motion and control technologies and systems, providing precision-engineered solutions for a wide variety of mobile, industrial and aerospace markets. The company employs approximately 57,500 people in 50 countries around the world.
Parker’s engineering expertise and broad range of core technologies uniquely positions the company to solve some of the world’s greatest engineering challenges. By partnering with customers, Parker improves their productivity and profitability and seeks new ways to solve humanity's biggest challenges.
Lean Accounting at Parker Hannifin
Parker Hannifin has been a leader in Lean accounting for the past ten years. The Parker team has been very involved in the Lean accounting community, frequently presenting at past annual Lean Accounting Summits. Learn how Parker Hannifin has incorporated lean accounting into his processes, becoming a global leader of the practice in the process.
The tour will include:
1. An Overview of Parker Hannifin.
2. An Overview of Lean and Lean Accounting
3. A discussion on why standard costing doesn’t work
4. How Lean Accounting produces information useful for decision support, planning, and control.
5. A discussion about implications for accounting education
Date: Thursday, April 30, 2015
Time: 2:30 pm – 4:30 pm
Cost: $50 per person includes: tour, presentation, and round trip bus transportation
Credit Hours: 1.0 CH
Field of Study: Accounting
Program Level: Basic
Method of Delivery: Group-Live
Intended Audience: Accounting faculty
Advanced Preparation Required: None