This article is to introduce the cost accounting system that Frederick Winslow Taylor installed at the Tabor Manufacturing Company sometime in the 1890s. A comparative analysis between this system and Captain Henry Metcalfe's Cost of Manufactures is also made in order to investigate their sources and influences. It is concluded that Taylor was a pioneer in many aspects of cost accounting, but his most important contribution was the development of the managerial approach that paved the way for modern managerial accounting.
Chen, Rosita S. and Pan, Sheng-Der
"Frederick Winslow Taylor's contributions to cost accounting,"
Accounting Historians Journal: Vol. 7
, Article 1.
Available at: https://egrove.olemiss.edu/aah_journal/vol7/iss2/1