Financial Guide for SMEs - SME Corporation Malaysia

Financial Guide for SMEsAbout the GuideThis Guide has been adopted from the Australian version entitled “AchievingFinancial Success” (formerly known as the Financial Survival Guide) preparedby Jan Barned (CPA, FFTP), with the assistance of CPA Australia and SmallBusiness Victoria. Ms. Barned who is the principal of Financial ManagementTrainer (www.fmtrainer.com.au), has worked in the fi nance industry internationallyand in Australia for over twenty years.SME Corporation Malaysia and CPA Australia have been granted the copyrightto reproduce the Guide and to modify the content to suit the Malaysian context.The Guide will be a useful reference for entrepreneurs on fi nancial managementwhich is a key success factor to any SME business, particularly for newentrepreneurs with little fi nancial background.Copyright NoticeCopyright 2011 SME Corporation Malaysia and CPA Australia. All rightsreserved. Subject to Copyright Act 1987 (Malaysia) and Copyright Act 1968(Australia).No part of this publication, including the contents, trademarks and tradenames may be reproduced, stored in a retrieval system or transmitted in anyform by any means including in websites, for commercial or non-commercialmeans without prior written permission of SME Corporation Malaysia andCPA Australia. Application for these uses shall be made directly to the ChiefExecutive Offi cer of SME Corporation Malaysia.In reproducing or quoting the contents, acknowledgement of source is required.DisclaimerWhilst every effort has been made to ensure the accuracy of the informationcontained in this book, both SME Corporation Malaysia and CPA Australiaaccept no responsibility for any errors and / or inaccuracies it may contain, orfor any loss, fi nancial or otherwise sustained by any person using informationextracted from this book. All information and specifi cation are current at thetime of preparation and are subject to change as may be required.No part of this Product is intended to be treated as advice, whether legal orprofessional. You should not act solely on the basis of the information containedin the Product as parts may be generalised and may apply differently todifferent people and circumstances. Furthermore, as laws change frequently,all users are advised to undertake their own research or to seek professionaladvice to keep abreast of any reforms and developments in the law.1chapter 1 01-21 Eng.indd 18/27/11 11:15:00 AM