Abstract: The value of small and medium enterprises (SMEs) in global economic development is indispensable. Therefore, SMEs must be properly managed thru good governance. The descriptive method of research, as adopted to explore the corporate governance and financial management practices of SMEs in Batangas province. Top and middle management of 104 SMEs participated in the survey using a researcher-made questionnaire. Documentary analysis and interview with accountants, consultants and directors were also conducted to gather information.