TOC Accounting

Thomas Corbett – “TOC Accounting”

This book offers an innovative perspective on management accounting, introducing the principles of Throughput Accounting, which are based on the Theory of Constraints (TOC). Corbett's work uncovers the shortcomings of traditional cost accounting and demonstrates how they can lead to incorrect decision-making within a company.

Why is this book valuable? 

“TOC Accounting” provides an alternative to traditional cost accounting, focusing on identifying and managing a company’s constraints in order to maximize throughput and profit. The book is useful for managers, financial professionals, and anyone seeking to improve business performance using modern and proven methods.