Abstract
The industrial waste disposal business is an industry providing services that include collection, transfer, recycling and disposal. Those who take part in this business are private enterprises, local authorities, NPOs, etc. Regardless of whether they are a for-profit or non-profit-enterprise, accountability in the establishment must be upheld.
This accountability should be based on the data from the organization's accounting. Accounting that provides this explanation is called financial accounting, however, this form of accounting is now considered inappropriate for management purposes since it is only concerned with monetary transactions. In its place, management accounting has developed separately.
Recently, stakeholders have started to request more than an explanation of the results, but also disclosure of the process. This is the situation that led to a change in financial accounting, whereby the field of management accounting was adopted in order to provide greater reciprocation.
Nowadays, financial accounting mainly deals with the fields of environmental accounting and ABC (activity-based costing) . This paper introduces the concept of ABC, which is not only a technique for computing costs but also a tool for re-engineering the business process, and is useful for accounting in the field of waste management.
