DOI:

Abstract

The just-in-time (JIT) production is adopted by enterprises with a view to attaining the competitiveness. The JIT implementation may substantially change the business operations, forcing the accounting disclosure to be changed accordingly. By going over the JIT production, the authors will analyze features of the traditional accounting methods in order to prove that the JIT business must be accompanied by the back-flush accounting, which is supposed to be the most suitable for the JIT business, thereby presenting basic features of the back-flush accounting method.

Keywords