Research On Environmental Cost Accounting Method Of LM Chemical Enterprise Based On MFCA

Production and manufacturing bring prosperity to our economy while over-consumption of natural resources and the production of large amounts of environmental pollutants.At present,the current environmental situation is not optimistic,and problems such as heavy environmental pollution,excessive resource consumption,and degradation of ecosystems are becoming increasingly prominent.The situation of severe environmental damage is a wake-up call for the current economic development model,and the state attaches more importance to environmental governance.The report of the 19 th National Congress of the Communist Party of China pointed out that it is necessary to establish and practice the concept of green mountains and green mountains,which is the Jinshan Yinshan,adhere to the basic national policy of conserving resources and protecting the environment,and strive to fight the battle against pollution.Therefore,seeking a balance between the economy and the environment,controlling pollutant emissions from the source has become an urgent problem to be solved.Enterprises are an important part of social development and a major source of environmental pollution.However,at present,the economic market does not have a value evaluation mechanism for corporate governance pollution,and enterprises have a weak sense of spontaneous initiative in controlling pollution.A management method that restricts the balanced development of business income and environmental protection is essential for effective environmental pollution control.Therefore,this paper cuts in from the source“production process” of pollution generation,and uses the material flow cost accounting(MFCA)accounting method to combine the pollution generation process with financial data,quantify the pollution status of enterprises,and emphasize the connection between environment and enterprise benefits.Control the spontaneity of pollution and achieve a win-win situation for corporate efficiency and environmental governance.This paper selects LM Chemical Company as the research object from the high-pollution and high-emission chemical industry,and finds that traditional environmental cost accounting only deals with environmental protection costs,ignoring the information that provides pollution.Through the material flow cost accounting(MFCA)method to analyze the materialflow in the production process,accurately calculate the environmental cost caused by the loss of resources,further analyze the improvement of the enterprise resource loss,and make an environment for the LM company manager.Decision making provides accurate information.The article aims to introduce the MFCA method for environmental cost management in case enterprises,promote the application of MFCA model in enterprise practice,and provide theoretical and empirical reference for China's chemical industry,the whole industry and even government departments.The use of MFCA to calculate its environmental costs,measure the resource loss and pollution of all aspects of production,and closely integrate environmental issues with the production process of enterprises,enhance the subjective initiative of enterprises to reduce pollutants spontaneously,and achieve a win-win situation of environmental governance and enterprise benefits.