MFCA fundamentally traces the flows and stocks of materials within an organization, quantifies these material flows in physical units (e.g., mass, volume) and evaluates the costs associated with material flows and energy uses. It is frequently used as an environmental management accounting tool.
BPIR Categories10.3.2 Establish quality standards and controls.
11.3.1 Provide external financial information
12.8 Develop and manage environmental performance measurement/information system
13.10 Report on corporate social responsibility/citizenship