Purpose: The study was designed to examine the effect of Management Accounting Practices (MAPs) on the performance on Small and Medium Scale Enterprises (SMEs) in Nigeria.
Method: The survey research design approach was employed using a structured questionnaire to gather data from 40 purposively selected SMEs operators for the population pool. Data were analyzed using descriptive and inferential statistical tools using SPSS version 20.
Result: Results showed a strong positive correlation between the dependent variable (firm performance) and independent variables (Costing System, Budgeting System, Performance Evaluation System, Decision Support System, and Strategy Management Accounting System).
Implications: The study recommends that the SMEs should avail themselves more with contemporary MAPs to ensure the profitability and sustainability of the businesses.