Management accounting theories and procedures have expanded in consequence of enhancement of the enterprise size. Furthermore, a number of researches highlight that management accounting practices application spread in different ways and periods. In Italy there was a gap in comparison with the anglo-saxon experience because of industrial underdevelopment and management accounting theories. Nevertheless, after the second post-war management practices spread due to the relationships linking anglo-saxon corporations and Italian public equity holding. The paper deal with a basic example that involved an innovative Italian steel corporation, the Cornigliano S.p.A., whose management had a leading role for the renewal of Italian industry.
Keywords: Management accounting, cost accounting, standard cost, public hoding, steel industry, job evaluation.