Enhancing SME Growth through Management Accounting: A Systematic Review of Barriers and Future Directions
Yana Ermawati (a), Dian Agustia (b*), Noorlailie Soewarno (b)

a) Department of Accounting, Faculty of Economics and Business, Airlangga University, Surabaya, Indonesia and Department of Accounting, Faculty of Economics and Business, Yapis Papua University, Papua, Indonesia
b*) Department of Accounting, Faculty of Economics and Business, Airlangga University, Surabaya, Indonesia
b) Department of Accounting, Faculty of Economics and Business, Airlangga University, Surabaya, Indonesia

Abstract

Small and Medium Enterprises (SMEs) are key drivers of the global economy, yet they often face various barriers that hinder their growth. Management Accounting Practices (MAP) is an essential tool for improving efficiency and supporting strategic decision-making in SMEs. This study conducted a systematic review of the existing literature to explore the role of MAP in enhancing SME growth, with a focus on barriers faced and future directions. Findings suggest that SMEs often experience limitations in access to technology, managerial training, and financial resources, which slow down the adoption of advanced MAP practices. However, innovations such as digital accounting, big data, and sustainability accounting are identified as potential solutions to accelerate SME growth. In addition, policy support and collaboration with financial institutions will be key in helping SMEs overcome these barriers. This study offers important guidance for practitioners and policymakers in maximizing the potential of MAP to drive sustainable growth in SMEs.

Keywords: Management Accounting, SMEs, Growth, Systematic Review, Barriers, Future Innovations

Topic: Management accounting