There is only need for management accounting in decision making which small enterprise was different from medium enterprise at significant level of 0.05 mean while medium enterprise needs for management accounting in planning and controlling were not different between small and medium enterprise (Table9). Overall, small enterprise perceptions of and needs for management accounting were different from those of medium enterprises. Medium enterprise entrepreneurs perceived the potential value and importance of management accounting more than their small enterprise counterparts. Medium enterprise entrepreneurs‟ higher perceived importance might derive from their higher educational background, on average. This is supported by Hambrick & Mason (1984) and Omerzel & Antoncic (2008) who found that highly educated