This week's guest is Nick Katko. Ron and Nick discussed the importance of leveraging Lean Accounting, Nick's book "The Lean CFO," and more. An MP3 audio version of this episode is available for download here. In this episode you'll learn:  The quote Nick likes (2:55) His background (3:51) Why lean accounting matters (6:37) The ramifications of a cost accounting system (8:07) Why he wrote the second edition (11:36) Why The Box Score matters (13:21) Financial performance vs. results (15:01) What "true north" means in lean accounting (16:42) Why he added value stream management (19:35) Nick's perspective on TOC (27:03) Practical tips for getting started (28:10) Podcast Resources Right Click to Download this Podcast as an MP3 Nick on LinkedIn The Lean CFO GA 399 | Practicing Lean Accounting with Mike De Luca and Nick Katko Get All the Latest News from Gemba Academy Our newsletter is a great way to receive updates on new courses, blog posts, and more. Sign up here. What Do You Think? Describe your experience with Lean Accounting.