John Thomas Madden

John Thomas Madden (October 26, 1882 – July 2, 1948) was an American educator and academic administrator. He served as the dean of the New York University School of Commerce, Accounts & Finance and president of Alexander Hamilton Institute. Accounting historian Julia Grant names him as one of the "fathers of modern accounting".

Early life John Thomas Madden was born in Worcester, Massachusetts, on October 26, 1882. His parents were Mary Teresa (née Lawton) and Michael James Madden. He was the major figure in developing the modern, professional procurement process. Accounting historian Julia Grant names him as one of the "fathers of modern accounting". Madden said, "This idea is a mighty fine one, especially at this time. There are many men here who would not have been here five years ago. They committed no strange offenses. They merely carried on the business practices they had been used to. But these practices, with the advent of Depression, became criminal." He founded the Institute of International Finance in 1926 and became its director in November 1927.

Personal life Madden married Anna Marie Callahan of Worcester, Massachusetts, on September 3, 1912. They lived in Orange, New Jersey and had four daughters, before she died on August 3, 1933. and again (of the splintered TNE) from 1935 to 1946. He was president of Beta Alpha Psi, the finance, accounting, and information systems fraternity from 1930 to 1932. He was elected president of Alpha Kappa Psi in 1919 and again in 1920. New York University's School of Commerce cancelled classes on July 6 in his honor.