“Green” economy in conditions of instability of natural resources rational use and environmental degradation, becomes an extremely relevant and also is considered as one of the most meaningful goals for sustainable development. Industrial waste accounting at life-cycle stages, in its’ turn, as a component of “green” economy, poses certain challenges to the existing accounting system. At present, there is no comprehensive accounting system for industrial waste that would find the solutions to the problems posed by “green” economy. That fact determines the relevance of the research topic. The purpose of this research is to identify industrial waste as an object of accounting at life-cycle stages. Among the methods used in the study, one can single out synthesis, analysis, comparison, logical generalization, inference by analogy, classification.