Reflection of the process of utilization and neutralization of oily waste in accounting

In accordance with the laws of the Russian Federation, any industry in whose activities hazardous waste originates must properly process or dispose of them, including the oil and gas industry. To comply with the law, a number of requirements must be met and waste records must be recorded not only in environmental reports, but also in accounting accounts. The author concluded that the correct reflection of waste processing in the accounts of accounting can facilitate the effective control over all production cycle cycles, the receipt, storage, distribution and processing of waste.