Invited Articles
Research of MFCA evolution by application in companies
2014 Volume 22 Issue 2 Pages 39-48
Details
2014 Volume 22 Issue 2 Pages 39-48
The purpose of this study is clarification of evolution of MFCA (Material Flow Cost Accounting) through application to companies.
MFCA is a method of environmental management accounting and visualize losses of material and energy. The application of MFCA is reducing losses of material and energy. The Companies using MFCA reduce costs of material and energy, and reduce environmental impacts. The effect of MFCA is large at plant that generate waste product or consumes energy in large quantities.
Research of MFCA in Japan started in 2000, and ten years or more passed. In the meantime, MFCA was applied in many companies, verified the result and has improved. The improvement was made in the field of the accounting theory, the improvement technique, and the activity method of companies. It seems that MFCA has evolved into the more efficient and more effective technique as a result.
