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ENTREPRENEURIAL FINANCE GUIDED INSTRUCTION PROGRAM

WEEK 5 | FINANCIAL MANAGEMENT AND CONTROL

Learn how to manage cash, strengthen financial controls, and reduce business risk.

THIS WEEK’S FOCUS

This week focuses on the systems entrepreneurs use to manage money and protect the financial health of a business. You will explore cash-management tactics, distinguish between internal and external controls, and evaluate business risks that could affect operations, assets, and long-term financial stability.

 

LEARNING OBJECTIVES

By the end of Week 5, you will be able to:

  • Describe tactics for cash management as a process to monitor, control, and optimize cash flow.

  • Distinguish between internal and external controls implemented by businesses.

  • Assess business risks and identify an appropriate mitigation strategy to reduce or prevent the impact of the risk.

WEEK 5 | COURSE ACTIVITIES

Complete the assigned Week 5 activities in your Intuit for Education classroom.

ACTIVITY 1

Managing Your Cash

Explore cash-management tactics such as budgeting, forecasting, expense control, managing receivables, and optimizing payables to support healthy cash flow.

ACTIVITY 2

Comparing Business and Personal Budgets

Compare how budgeting is used in both personal and business settings and consider how disciplined planning supports stronger financial decisions.

ACTIVITY 3

Controlling and Managing Finances

Apply financial-control concepts through Intuit simulations that focus on reviewing financial documents and cash-flow information in QuickBooks.

WEEK 5 | LIVE GUIDED INSTRUCTION

Live Guided Instruction

Apply cash-management, financial-control, and risk-management concepts to your own business. Identify the systems, responsibilities, review practices, and safeguards your business needs to protect money, monitor activity, and reduce financial risk.

LIVE SESSION

Week 5 Live Guided Instruction

Friday, October 30, 2026 | 7:00 PM ET
Live via Zoom

WEEK 5 | GUIDED INSTRUCTION MATERIALS

Access supplemental resources designed to help you build practical financial-management and control practices for your business.

Week 5 Guided Instruction Packet

Apply cash-management, internal-control, external-control, and risk-management concepts to your own business.

 

Complete your My Financial Controls & Risk Plan portfolio activity and determine: How will I protect and manage it?

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