Financial Guide for SMEs - SME Corporation Malaysia
Financial Guide for SMEs - SME Corporation Malaysia
Financial Guide for SMEs - SME Corporation Malaysia
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Section V : Better Business <strong>Financial</strong>Management<strong>Financial</strong> <strong>Guide</strong> <strong>for</strong> <strong><strong>SME</strong>s</strong><strong>Financial</strong> management is not only aboutunderstanding the fi nancial in<strong>for</strong>mation inyour business and using this in<strong>for</strong>mationto improve your business operations. Itis also to ensure that you have the rightpolicies and procedures in place to makesure that the fi nancial in<strong>for</strong>mation youare using is accurate and that you canprotect your investment in the business.For complete fi nancial management ofyour business, you need to considerimplementing good fi nancial controls.When you are usingfi nancial in<strong>for</strong>mationto make decisions,it is important thatpolicies andprocedures are inplace to ensurethat the in<strong>for</strong>mationis complete andaccurate and willlead to correctdecisions157chapter 7-13 p79-181 Eng.indd 1578/15/11 5:03:08 PM
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