Frederick Winslow Taylor developed a system of cost accounting while at the Midvale Steel Company (1878 to 1890). In their article on his contribution to the development of cost accounting, Chen and Pan suggest that Taylor has not received the credit he deserves. They also assert a close association between cost accounting and scientific management. Finally, Chen and Pan compare Taylor's work with a book published in 1885 by Metcalfe.
Wells, M. C. (Murray Charles)
"Taylor's contribution to cost accounting: A comment,"
Accounting Historians Journal: Vol. 9
, Article 6.
Available at: https://egrove.olemiss.edu/aah_journal/vol9/iss2/6