Proper attendance recording and management has become important in today’s world as attendance and achievement go hand in hand. Attendance is one of the work ethics valued by employers. Most of the educational institutions and government organizations in developing countries still use paper based attendance method for maintaining the attendance records. There is a need to replace these traditional methods of attendance recording with biometric attendance system. The unique nature of fingerprint makes it ideal for use in attendance management systems. Besides being secure, Fingerprint based attendance system will also be environment friendly. Fingerprint matching is widely used in forensics for a long time. It can also be used in applications such as identity management and access control. This review incorporates the problems of attendance systems presently in use, working of a typical fingerprint based attendance system, study of different systems, their advantages, disadvantages and comparison based upon important parameters.