Wednesday, May 27, 2009

Six Sigma in Accounting? Coming Soon!!

Grace approached me with the idea of figuring out how Six Sigma plays into Accounting. The idea came to her when we networked with a very progressive accounting professional. She had her material in a portfolio folder and as she walked us through her process, it occurred to me. She had the very same ideas I had about IT, except she had them for Accounting process.

Yes, it is very relevant. Since accounting is numbers, it is very easy to put the measures in place. The big task is figuring out which numbers indicate the problem, and, unlike IT, where we can just declare that the project objective is written as the act of moving the metric in a positive direction, there are basic considerations. These considerations could be regulatory in nature. They may also be best practices in the Accounting space.

I've approached Linda with the idea on collaborating on material that addresses this subject. It will come very shortly!

1 comment:

  1. Very interesting idea. As a six sigma black belt and teacher of accounting, one of my interests is how these two are related. I look forward to keeping up with this blog and your results.

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