Business Accounting

When was the term 'management accounting' first coined?

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When was the term 'management accounting' first coined?

0

The term "management accounting" was first officially coined in 1952 by the Management Accounting Team of the Anglo-American Council on Productivity.

This team was formed to study and promote productivity improvements, and their report helped to formalize and popularize the distinct field of management accounting.

Source: CIMA - Evolution of Management Accounting

Wrote answer · 3/14/2025
Karma · 40

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