Publication Details
Abstract
The current research aims to examine the impact of adopting the Materials Flow Costing accounting technique on developing cost of sustainability awareness and its reflection on waste reduction at the General Company for Pharmaceuticals and Medical Supplies in Samarra. This objective was set to address the problem: (What is the effect of adopting the Materials Flow Costing accounting technique on developing cost of sustainability awareness and its reflection on waste reduction in the investigated companies?). To address this problem, a quantitative analytical approach was adopted to determine the level of variables in the investigated company for the year 2025. Excel and the statistical package SPSS.V.29 were used to analyse the data and test the hypotheses. Several indicators were relied upon, including (material inputs, commodity outputs, and non-commodity outputs). The research produced several results, the most important of which is the presence of a correlation and impact between the Materials Flow Costing accounting technique, Developing Cost of Sustainability Awareness, and Reducing Waste. This indicates that the General Company for Pharmaceuticals and Medical Supplies in Samarra prioritises focusing on reducing waste by adopting modern technologies to make informed decisions, which helps economic units implement appropriate changes to their practices and operations. The research also recommends the necessity of fully adopting Materials Flow Costing accounting within the General Company for Pharmaceuticals and Medical Supplies in Samarra due to its role in tracking material flows and accurately identifying sources of wastage and spoilage, contributing to cost reduction and improved production efficiency.