Profound Influences of Evolution of Management Theories on Development of Accounting Science

Reflection and embodiment of management thoughts in the sector of accounting science enrich and promote the development of accounting theories and, under some circumstances, guide practices of accounting. Accounting practices and formation of accounting theories are inseparable from the needs of management practices. This paper believes that each internal change of management thoughts has profound influences on accounting theories, promoting the prosperity and scientific and overall development of accounting practices.