Omerzel & Antoncic (2008) found tha

Omerzel & Antoncic (2008) found that entrepreneurial knowledge could have
beneficial effects on a firm‟s growth and profitability. They also stated that it is a
characteristic of entrepreneurs to need different knowledge during different periods of
enterprise growth and thus need to continually develop their knowledge. Another
characteristic feature is that typical entrepreneurs rarely know which skills they lack
and what knowledge they need to successfully manage their enterprises (Tajnikar
2000; Omerzel & Antoncic 2008). Therefore, it is important that management
accounting is used to fulfill the needs of SME entrepreneurs, based on their knowledge
and perceived needs. Management accounting research in SMEs remains a
neglected and unfashionable area despite its critical role in modern businesses
(Mitchell & Reid 2000; Nandan 2010).