In order to survwe and remam competitive the manufacturing firms arernunder increasing pressure to become more efficient in managing andrncontrolling their costs. This paper examines the level of advancedrnmanagement accounting practices in manufacturing firms of Ethiopia andrnit examines the relationship of some theoretical factors that influencing thernusage AMATs. The usage or its level of advanced management accountingrntechniques increased in the last five years and this implies that thernmanufacturing has awareness about this techniques. To examine thernrelationship of theoretical factors that might affect the usage of AMATs thernpaper used Pearson correlation and cross tabulation. As the Pearsonrncorrelation coefficient indicates usage of AMATs and usage of advancedrnmanufacturing technology has strong relationship. In the regards of thernTraditional Management Accounting Techniques, it uses widely andrnincreased in the last five years. To keep pace with the world changingrnmanagement accounting environment, Ethiopian manufacturing firmsrnshould use the newly developed techniques.