Environmental and Material Flow Cost Accounting

Recognizing the increasing importance of environmental issues, energy prices, material availability, and efficiency and the difficulty of adequately managing these issues in traditional accounting systems, several companies all over the world have started implementing Environmental and Material Flow Cost Accounting (EMA and MFCA). A new text on the subject explains and updates the approach developed for the United Nations Department of Economic and Social Affairs (DSD/UNDESA) and the International Federation of Accountants (IFAC).

It is aimed primarily at professional accountants, process technicians, and environmental managers within production companies, but may be of interest to those involved in tracking or verifying environment-related information in financial, sustainability, and other relevant reports.