Significance of cash flow for small and medium enterprises (SMEs)

Saidi, Noraida (2024) Significance of cash flow for small and medium enterprises (SMEs). Accounting Inkwell Quarterly, 1 (1): 4. pp. 15-16. ISSN 3030-5098

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Abstract

Small and medium enterprises (SMEs) play a crucial role in various economies by fostering innovation, generating employment opportunities, and contributing to economic expansion. In Malaysia, the Department of Statistics Malaysia (DOSM) has found that SMEs’ contribution to gross domestic product (GDP) increased to 38.4% in 2022 from 37.4% in 2021. However, many small and medium-sized enterprises (SMEs) encounter substantial difficulties, with cash flow management frequently identified as a crucial problem, especially post-movement control orders due to COVID-19 in 2020.

Item Details

Item Type:	Article
Creators:	Creators Email / ID Num. Saidi, Noraida UNSPECIFIED
Subjects:	H Social Sciences > HD Industries. Land use. Labor > Small business. Medium-sized business > Malaysia H Social Sciences > HG Finance > Financial management. Business finance. Corporation finance > Cash position. Cash management
Divisions:	Universiti Teknologi MARA, Kelantan > Machang Campus > Faculty of Accountancy
Journal or Publication Title:	Accounting Inkwell Quarterly
ISSN:	3030-5098
Volume:	1
Number:	1
Page Range:	pp. 15-16
Related URLs:	Publisher
Keywords:	Small business, Economic impact, Financial management
Date:	24 April 2024
URI:	https://ir.uitm.edu.my/id/eprint/123780

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