This study explores the accounting skills essential for sustainability within the handicraft small and medium-sized enterprises (SMEs) in Malaysia. Utilizing data obtained from structured interviews with artisans and business owners in the industry, the research aims to understand the current financial management landscape and identify the unique challenges faced by these SMEs. Through qualitative analysis, the study investigates key areas of focus, including cost management, budgeting practices, and financial decision-making strategies. Findings reveal that many handicraft SMEs encounter difficulties in maintaining accurate financial records, creating effective budgets, and managing costs due to a lack of formal accounting training and resources. This research highlights potential strategies that SMEs can adopt to enhance their accounting capabilities, thereby promoting better financial sustainability and enabling them to navigate competitive market pressures. Additionally, the study lays the groundwork for future research by suggesting areas that warrant further exploration, including the integration of technology in accounting practices and the development of tailored training programs to address the specific needs of the handicraft sector.