Episode 200 - Interview with Reginald Lee, Strategic Cost Transformation

We are pleased to welcome back to the show Dr. Reginald Lee, author of Lies, Damned Lies, and Cost Accounting: How Capacity Management Enables Improved Cost and Cash Flow Management, and the founder of the Cash Flow Innovation Lab. He is in the final throes of completing his latest book, Strategic Cost Transformation: Using Business Domain Management to Improve Cost Data, Analysis, and Management. This book not only lights a candle in the darkness when it comes to the inaccuracies of cost accounting, but it also proposes alternatives, especially cash flow and capacity management. This is far more optimal than engaging in the contrived exercise of cost accounting. Join Ed and Ron for what is sure to be another enlightening discussion with an incredible thinker.