Materials flow accounting

Materials flow accounting (MFA) is an accounting system in which all physical inputs to an organization's operations are reconciled with output generated. The goal is to track where all physical inputs are going.

Definitions

According to Managerial Accounting by Braun, Tietz (5th edition),

Materials flow accounting (MFA). An accounting system in which all physical inputs to an organization's operations are reconciled with output generated. The goal is to track where all physical inputs are going.