Many of management accounting experts and productivity assessor organizations, including Asian productivity organization, European Union and American productivity center, believe that productivity measurement is one of the primary objectives in evaluating company activities for long term period. Therefore, management team is always requested to provide decision makers with reports about the way of implementing strategic plans of company and their results. In this way, they will be able to evaluate company's performance by comparing it with successive periods and also with other similar companies. Hence, discussions related to productivity measurement and its methods, e.g. Total Factor Productivity (TFP) and Total factor productivity Growth (TFPG) can help decision makers in this evaluation. Most research about productivity are performed by Economist, industrial engineers and production specialists but managerial accountants don't pay attention to it; Accounting textbooks virtually ignore issues of productivity measurement, and journals contain few articles on this subject, probably "there isn't a comprehensive criteria for productivity measurement". In this article, by focusing on management accounting, different aspects of productivity have been explained and more than 32 studies and researches for period 1991to2010 have been reviewed. In addition, the significance of Studies related to the productivity measurement in the world has been discussed.