How Slovak Small and Medium Enterprises Perceive Financial Controlling

This paper deals with the financial controlling in small and medium enterprises (SMEs) in Slovakia and also presents the results from the questionnaire survey. Mapping the subject of financial controlling in practice conditions of Slovak SMEs was carried out on a sample on SMEs of woodworking and furniture industry. The aim of the survey was to determine the level of understanding and implementation of financial controlling in practice, as well as identifying the potential interest in its implementation in the future. Based on the results of the research a framework model of financial controlling for SMEs was proposed, which will be possible to use, with partial modifications in SMEs regardless their type and branch of business.