The Impact of Jordanian Public Shareholding Companies using Lean Accounting Methods to Reduce Costs

Abstract

The study aimed to demonstrate the extent to which public joint stock companies in Jordan rely on lean accounting tools for the purposes of reducing costs in companies. To achieve these goals, data was collected from public joint stock companies in Jordan by designing a questionnaire in accordance with the objectives and hypotheses of the study, and it was distributed to a sample of (120). ) employees working in the accounting departments and various administrative and marketing departments in the companies under study. The study concluded that the degree of correlation between the degree of application of lean accounting methods and cost reduction within Jordanian public shareholding companies (0.683) with a significance level of (0.000), so that it represents a significant correlation. Statistically in all fields, the study recommended the need for Jordanian public shareholding companies to use lean accounting methods because this provides them with the information to meet their needs, and to hold training courses for accountants on how to use lean accounting methods in order to access more realistic data and improve accounting processes, and the necessity of application between administrative and financial units when Applying lean accounting methods to reduce costs and increase market improvement and competitiveness.