ABSTRACT
Material flow cost accounting (MFCA) was developed by Institut für Management und Umwelt (IMU), which was founded by B. Wagner and M. Strobel in Germany. The METI environmental accounting committee based its ideas on IMU’s theory and somewhat modified those methods when introducing them into Japanese companies. The basic idea of MFA is explained here according to Strobel and Redmann (2001), which has been referred to by the METI committee.
