The financial management is one of the internal factors that determine the performance of a firm. This study aims to examine the financial management skills of micro, small and medium entrepreneurs of Srikakulam district of Andhra Pradesh state. The study collected data from 352 MSMEs of Srikakulam district during 2022-23. Perception analysis was used to study the financial management skills of MSMEs. The ANOVA test was employed to understand the level of difference among various MSMEs. The study found that the micro industries are lagging behind in the financial management skills when compared to small and medium enterprises. At the same time the entrepreneurs with technical knowledge have significant financial management skills when compared to those do not have technical knowledge.