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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<strong>Financial</strong> <strong>Guide</strong> <strong>for</strong> <strong><strong>SME</strong>s</strong>CreditorsCurrent AssetsCurrent LiabilitiesDepreciationDrawingsEquityExpenses<strong>Financial</strong> Ratio<strong>Financial</strong> StatementsForecastingInventoryIntangiblesLiabilityGross MarginMark-upAmount of money that the business owes thesuppliersAssets that are likely to be turned into cash within a12-month periodLiabilities that are due within a 12-month periodWriting-off of a portion of a fi xed asset’s value in afi nancial periodWhere the owner of the business takes something ofmonetary value permanently out of the business(can be in the <strong>for</strong>m of cash or other assets)Amount that the business owes the ownerCosts associated with earning the business incomeMethod by which the business can measure thefi nancial health and compare their business operationsto similar businesses in the same industryRecord of the financial per<strong>for</strong>mance and health of abusiness <strong>for</strong> a given periodProcess of predicting the future financial per<strong>for</strong>manceof a businessStock that a business holds to sellAssets that do not have a physical <strong>for</strong>m e.g. patents,goodwill etc.Amount of money that the business owes its externalstakeholdersProfi t from sales be<strong>for</strong>e deducting overheadsPercentage by which the sales price exceeds the cost7chapter 1 01-21 Eng.indd 78/15/11 5:01:22 PM
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