Abstract
This paper intends to give a view of the present status of the study on Cost Management, and also to point out some important matters to develop the study in the future. First, it examines the history of the developments of Cost Management, and finds out the discrepancies between the practical phases and the academic studies. Secondly, it evaluates the contribution of the Report of the Committee of Ministry of Intemational Terada and Industry, "Cost Management (1966), " and also explains the contents of the author's book, "Total Cost Management(1972)." Finally, it points out 5 important items to develop the study of Cost Management.
