Title: ENVIRONMENTAL COSTS AND STANDARD COST METHOD
Abstract: Companies still have to fight for their market position.Positive attitude to environment can be a vital competitive advantage.But each benefit needs some investment.Environmental costs play a vital role in the companies today.The company does not usually know about these costs from a financial accounting.Therefore companies implement environmental managerial accounting, which enables managers to make all key decisions.The companies use a different methods to keep all the costs under control.One of them is standard cost method.The aim of this paper is to capture environmental costs in Alfa company, which operates in the food industry and in the practical part explain and point out to the benefits of using standard cost method.