job order costing, operating budget, financial budget, process costing, variable costing, and segment report. Four management accounting techniques having no significant association with business characteristic, i.e. being an ITB or Non-ITB, were standard costing, job order costing, process costing, and keizen costing. The barriers that Thai SMEs encountered were a lack of proper accounting system and the insufficient knowledge in management accounting of the accountants. The comparison of management accounting techniques adopted by Thai public companies and Thai SMEs were also made. The comparison results revealed that both Thai public companies and Thai SMEs used traditional management accounting techniques more than advanced techniques.
Keywords: Management accounting, SMEs, Thai