Skip to main content

We are back at out branch office starting 3 Jan 2023| AKPK Pulau Pinang, AKPK Johor Bahru, AKPK Kuching

Updates as at 30 December 2022. Subject to amendments and further information.


You’re Now at

AKPK's One Stop Portal


Resilient SMEs are Sustainable SMEs

Facts on SME industry in Malaysia


In the past 17 years, the growth of SMEs GDP is comparatively higher than that of Malaysia itself. Small and medium-sized enterprises (SMEs) make up the majority of businesses in Malaysia. It cuts across all industries and sectors which provide employment for Malaysians and those living in Malaysia – Proving to be the backbone of the nation’s economy
Source:SME Corp.


The Services and Manufacturing sectors were the largest contributors recorded (80%), being the main drivers of SME GDP activities. As of the year 2020, the recorded statistics are as below:

GDP Contribution: 38.2% (RM512.8 billion)

SME Employment: 48.0% (7.5 million)

Source : Dept.of Statistic Malaysia


The importance of financial skills for SMEs is recognised internationally. Financial education for SMEs is vital for the development of business and sustainability of SMEs, and varies according to the size and life stage of the enterprise
Source: OECD


The key to a strong and resilient business for SMEs are a strong sense of business and a set of practical finance management tools.
Source: OECD


At AKPK, we offer several free resources for better financial management including e-Learning Materials, Webinars and Business Templates that will be useful whether your business is just starting out or is already well established.

Learning Curriculum

Micro, Small and Medium Enterprises (MSMEs) are considered the lifeblood of an economy for many developing countries. They are frequently the drivers of innovation, employment, and sustainable economic development.

Hence, to ensure sustainable development in emerging economies, it is important to create opportunities for MSMEs. Inability to access financial education is frequently identified as a critical barrier to growth for MSMEs in emerging economies.

As part of the efforts to promote financial literacy and sound financial management by members of the public, AKPK has specially designed programmes targeted to MSMEs to provide the participants with knowledge on financial management that is related to day-to-day business operations.


Choice & Use of
Financial Services

Financial Planning

Risk & Insurance


Values & Ethics

  1. The objective of this module is to educate SMEs on the importance of business values and ethics, including:
    • Utilising formal payment and deposit products.
    • Leveraging e-Payment and digital banking transactions.
    • Understanding fees associated with payment methods used by clients (e.g. contactless terminals etc ).
    • Accessing formal financing and the factors influencing loan applications & approvals.
  1. The learning outcome aims to provide SMEs with the ability to segregate personal and business finances, and be aware of financing opportunities, coupled with the know-how to interact with financiers to meet business requirements.
Expand more Collapse
  1. The objective of this module is to provide simple, practical and easy-to-understand financial planning content for SMEs, including:
    • How to formalise business with appropriate registrations and the benefits of doing so.
    • Simple explanation on the financial management concepts, such as cash flow, breakeven and stock turnaround time. These financial management concepts and financial ratios are a way to evaluate the SMEs business profile and identify potential financial problems. Each ratio informs about factors such as the profitability, liquidity, efficiency and indebtedness of SMEs business.
    • General profit and cash flow improvement tips and how to better plan & refine the business strategy accordingly.
  1. The learning outcome aims to enable SMEs to manage basic financial records and strategise their business finances better.
Expand more Collapse
  1. The objective of this module is to provide SMEs with the relevant knowledge on risk management, including:
    • The awareness about personal and business risk profile, risk appetite and management coupled with suitable insurance or takaful products to mitigate risks.
    • The right system and adequate internal control to better manage common risks faced by SMEs such as failure to keep track of stocks and petty cash movements.
  1. The learning outcome aims to equip SMEs with the necessary knowledge about both the financial & non-financial risks and opportunities, and hence, enabling them to manage these risks effectively with adequate internal controls.
Expand more Collapse
  1. The objective of this learning module aims to educate SMEs about Malaysia’s financial landscape, including:
    • Government assistance that is available both financial and non-financial (e.g. for capacity building).
    • Understanding the risks involved when dealing with informal and non-regulated financial products.
  1. The learning outcome aims to prepare SMEs with adequate knowledge to seek assistance on financial and non-financial matters. By understanding the business and financial landscape well, SMEs should be able to protect themselves from financial scams or falling prey to non-regulated financial services (e.g. illegal money lenders).
Expand more Collapse
  1. The objective of this module is to educate SMEs on the importance of business values and ethics, including:
    • The goodwill or positive improvement to the reputation of a business that comes from fulfilling financial obligations (e.g. integrity and accountability will be intact, good credit score for future loan application).
    • Their responsibilities toward employees, supply chain, and society at large.
  1. The learning outcome aims to cultivate positive and universal values in SMEs, such as respect and honesty, to be a contributing force to a progressive and inclusive society.
Expand more Collapse

Practical Business and Financial Templates

Cash flow

Profit and loss Template

Balance Sheet Template

  • Cash flow templates to guide SMEs step-by-step on simple cash inflow and outflow recording.
  • Profit & loss templates to introduce SMEs to simple accounting calculations, such as sales, cost of goods, and gross profits.
  • Business planning templates to guide SMEs on the business aspects that require special attention such as strength of business model against market competitors.
  • Financial projection templates to help SMEs forecast coming months’ income and expenses, so that they can plan ahead and measure progress.
  • Marketing plan templates that provide a general tool for SMEs to draw up action plans for reaching out to new customers and growing their business.

Explore MyBijakNiaga

Discover more


The world we live in is increasingly complex, especially for the youths, and they will eventually need to take charge of their future and finances. Financial education in the tertiary stage is for those between the ages of 18 to 25 currently pursuing post-secondary education. Providing them with the appropriate financial know-how at this point will build up their competence in dealing with future financial decisions. This module focuses on cash flow management, the importance of savings and setting up a budget, internet banking and other appropriate topics for university and college students.

Entering Workforce

This stage comprises those between the ages of 20 to 30, i.e. mainly those who are just starting out in life. Financial education is essential to this age group as they learn to be independent in most matters especially financial management. In their minds, a car is a want rather than a need, and normally sits at the top of their list of things to acquire. Our Entering Workforce module focuses on understanding the fundamentals of borrowing and the importance of borrowing productively to encourage positive net worth. Financial education at this stage is also aimed at inculcating the habit of managing debts wisely. The module also introduces the fundamentals of investments and the importance of insurance for a better tomorrow.

Starting and Raising a Family

The module for the next life stage is for those who are starting and raising a family. People in this category are approaching that time in their life when they will normally experience important and meaningful life’s milestones: marriage, children and a new home. Designed for those between 30 to 40 years of age, this module will focus on settling unproductive loans while reducing debt commitments as they prepare for retirement. Emphasis will again be placed on the importance of planning for and protecting against uncertainties by talking about the types of financial tools available. They will learn the various types of insurance policies and be able to decide on the best coverage based on their affordability for their precious family. Education will also be given on the appropriate investments that will provide passive income for a better tomorrow.


The transition from working to retiring involves many tough decisions regarding income and lifestyle needs and whether one plans to ease into retirement or otherwise, while considering factors such as wealth management, whether a pension is enjoyed, and EPF balances. These are big decisions with long-term impact on their financial well-being during retirement. To make the best choices, they require sufficient knowledge and intense awareness of how they want to live through their retirement years. Therefore, our pre-retirement module will prepare them for retirement by teaching them the proper use of their investments and review of their portfolio while servicing their insurance policies and settling unproductive debts to improve their net worth positively.

Post – Retirement

You have retired. How would you manage your money now? Considering that the average life expectancy in Malaysia has improved, it is more important now than ever to ensure that you have the financial resources to live a comfortable and happy lifestyle—particularly if you are looking forward to retiring with peace of mind. Taking care of your wealth and making it last are important at this stage. Financial literacy and education is a continuous life lesson that does not end at retirement. Now, more than ever, you need to manage your finances wisely and plan for the unexpected. Our post-retirement module is focused on those who are currently transitioning into retirement or are in the early stages of retirement.

Early Adulthood
Adult – Middle Adulthood