Financial Management Practices in Small and Medium Enterprises in Selected Districts in Western Uganda

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Provided by: The International Institute for Science, Technology and Education (IISTE)
Topic: SMBs
Format: PDF
This paper was done to determine the extent of financial management practices in Small and Medium Enterprises (SMEs) in selected districts in Western Uganda. The objectives of the study were; to determine the extent of financial management employed by SMEs as to these dimensions: working capital management (cash management, accounts receivable management, inventory management practices), investment, financing, financial reporting and analysis and accounting information systems; The study used ex-post facto or retrospective and prospective designs together with descriptive design and descriptive comparative as well as correlation design. 335 questionnaires were distributed to respondents and were the ones used for analysis.
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