Institute media
The Department of Accounting Studies at the Post-graduate Institute for Accounting and Financial Studies at the University of Baghdad discussed the research titled (Using the Lean Stage-Gate Model According to the Value Chain to Reduce Product Costs-Applied Research) for the student Ameer Mused Kadeem to obtain of Cost and Managerial Accounting certificate, which is the highest professional certificate in the field of specialization, and its holder enjoys all the rights and privileges of a doctorate degree.
The study aimed to demonstrate the role of the lean stage gate model as a lean accounting technique that adapts to the rapid changes in the business environment. It provides data and information as a modern version of the traditional stage gate model used in product management and development. It combines the stage gate concept with lean accounting, contributing to reducing costs and development time and improving decision-making.
The study found a discrepancy between the actual cost of the tipper truck and the planned cost. The use of the lean stage gate method led to a reduction in costs in the company under study, reflecting a significant variation in costs that could impact the financial efficiency of the production process in the company under study.
