This study examines SMEs and adoption of management accounting in Nigeria. The objective solely is to determine the extent of adoption of management accounting (MA) techniques among SMEs. Survey design was adopted to specifically identify the SMEs across the critical sectors of the economy Data were collected using structured questionnaires based on four point modified likert scale measurement. Analysis of data was carried out using the mean descriptive criterion. The study finds a significant moderate adoption of MA techniques related to cost accounting systems; planning/ budgeting/control systems; a significant high adoption of management accounting techniques related to decision making purposes, a significant low adoption of MA techniques in pricing policy and management reporting systems. It recommends high adoption of MA techniques related to costing systems, planning/ budgeting/control systems, investment decision making, pricing and management reporting systems. Certainly, these MA techniques would impact tremendously on the performance and sustainability of SMEs in the short and long run.