A master’s thesis entitled “The Integration of Material Flow Cost Accounting and Cleaner Production to Achieve Product Sustainability” was discussed at the Administrative Technical College of Kufa, one of the formations of Al-Furat Al-Awsat Technical University.
The study was submitted by the student Fadel Hayawi Alaiwi Sadiq from the Department of Accounting Techniques at the college. It aimed to demonstrate the importance of integrating Material Flow Cost Accounting (MFCA) with cleaner production practices in supporting product sustainability. This is achieved through enhancing resource-use efficiency, reducing waste, and improving environmental and production performance within industrial institutions.
The results of the study revealed that the application of Material Flow Cost Accounting methods contributes to improving the efficiency of resource management and reducing costs associated with losses and waste in production processes. Furthermore, the integration with cleaner production practices helps reduce the environmental impacts of industrial activities and enhances product sustainability. The findings also indicated the existence of a positive relationship between adopting these modern accounting approaches and achieving higher levels of economic and environmental efficiency within organizations.
The study recommended that industrial institutions adopt modern accounting models based on the integration of Material Flow Cost Accounting with cleaner production practices, given their significant role in achieving product sustainability and improving environmental and economic performance. It also emphasized the importance of raising awareness of these practices and developing the professional capabilities of accounting personnel in line with the requirements of sustainable development.
