The Effectiveness of Management Accounting Systems in Brunei Small and Medium Enterprises

Management accounting uses financial documentation to give cash flow forecast data by helping the managers or business owners make the right decisions. However, it is still described as plannirightng, gathering, selecting, summarizing, analyzing, and reporting the information to assist business owners or supervisors in achieving their goals. Recently, more studies have shown a better explanation of how effective management accounting affects Small and Medium Enterprises (SMEs). It also included the studies on roles and functions of management accounting in Small and Medium Enterprises. It is a combination with increasing of the economy in every country. This study will focus on the effectiveness of management accounting in Brunei's Small and Medium Enterprises and the roles and functions of management accounting in Brunei's Small and Medium Enterprises. We managed to get responses from 250 respondents.