The Impact of Applying Lean Accounting Tools in Reducing Industrial Costs on a Sample of Companies Operating in Sudir Industrial -Kingdom Saudi Arabia

Abstract

Purpose: This research intends to determine the effect of adopting lean accounting methods on a sample of enterprises operating in Sudair Industrial City in the Kingdom of Saudi Arabia in decreasing industrial expenses. Theoretical framework: In addition, it seeks to identify barriers to the use of lean accounting techniques. The researcher relied on a questionnaire that was pertinent to the topic of the study and its aims in order to meet the study's objectives, test the hypotheses, and answer the questions posed by the study sample. Approach: A sample of thirty industrial businesses was picked at random. The descriptive analytical approach was used to characterize the research variables and test hypotheses by analyzing data using the statistical software SPSS. Eighty questionnaires were given. Findings: The research yielded several findings, the most significant of which is the below-average adoption of the studied lean accounting methods owing to a lack of training and understanding of the lean accounting culture. Use accounting tools. The research also indicated that using lean accounting tools helps enterprises in Sudair Industrial City lower their industrial expenses, although there are hurdles to implementing lean accounting technologies. Research, practical & social implications: The research ended with a series of suggestions, the most significant of which is the need for industrial enterprises to implement lean accounting principles, take use of the advantages and benefits afforded by this method, and disseminate the production culture and lean mindset. Value: Creating efficient ways to overcome the constraints that limit the adoption of lean accounting technologies to realize the Saudi Arabian goal (2030).