| Description |
xv, 266 pages : illustrations ; 25 cm |
| Contents |
Contents note continued: Classifying costs by behaviour -- What is marginal costing? -- Marginal costing theory -- Revenue statements in marginal costing format -- The role of contribution -- Contribution/sales ratio -- Breakeven analysis -- Establishing the breakeven point in units -- Establishing breakeven points in revenue -- Illustrating breakeven analysis -- Cost structures -- Margin of safety -- Application of marginal costing -- Comparing alternative marketing strategies -- Extra order profitability calculations -- Make or buy decisions -- Summary -- Questions for review -- References and further reading -- 12.Budgeting And Budgetary Control -- Introduction -- The meaning of budgeting -- Applying budgeting to worked examples -- Comparing actual and budgeted performance -- Summary -- Questions for review -- References and further reading -- 13.Investment Appraisal And Long-Term Decision-Making -- Introduction -- The purpose of investment appraisal -- Project data -- |
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Contents note continued: Depreciation -- Discounts -- Bad debts -- Returns -- Disposals of fixed assets -- Summary -- Questions for review -- References and further reading -- 5.From T Accounts To Financial Statements: Constructing A Trial Balance -- Introduction -- The trial balance -- Limitations to the trial balance -- The trial balance balances! Now what? -- Summary -- Questions for review -- References and further reading -- 6.Final Adjustments In Sport -- Introduction -- Cost of sales -- Mispostings -- Accruals -- Prepayments -- Summary -- Questions for review -- References and further reading -- 7.The Financial Statements -- Introduction -- The income statement: measuring financial performance -- Interpreting the income statement -- The balance sheet: a snapshot of the financial position -- Interpreting the balance sheet -- Relationship between the income statement and balance sheet -- Cash flow statement -- Cash versus profit -- |
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Contents note continued: Non-trading (or not-for-profit) organisations -- Summary -- Questions for review -- References and further reading -- 8.Annual Reports -- Introduction -- Contents of an annual report -- Notes to the accounts -- Summary -- Questions for review -- References and further reading -- 9.Interpreting Annual Reports -- Introduction -- Why analyse annual reports? -- Dissecting annual reports -- Introducing ratio analysis -- The steps of financial ratio analysis -- Growth -- Profitability ratios -- Liquidity ratios -- Defensive position ratios (long-term solvency) -- Investment ratios -- Ratio analysis and its limits -- Summary -- Questions for review -- References and further reading -- 10.Understanding The Nature Of Cost In Sport -- Introduction -- Cost -- What is cost accounting? -- Cost control -- Monitoring routine performance -- Summary -- Questions for review -- References and further reading -- 11.Short-Term Decision-Making -- Introduction -- |
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Contents note continued: Payback period -- The accounting rate of return -- Net present value: a discounting method -- Compound interest -- Discounting -- Discount factors -- Discounting tables and formula -- Net present value -- Using NPV to evaluate two or more projects -- Internal rate of return -- Summary -- Questions for review -- References and further reading -- 14.Sport Funding And Finance -- Introduction -- Funding options -- Non-commercial finance options -- Commercial finance options -- Alternative finance options -- The funding process -- Monitoring and evaluation: key performance indicators -- Summary -- Questions for review -- References and further reading |
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Machine generated contents note: 1.Financial Accounting In Context -- Introduction -- Accounting in sport -- The importance of financial management in sport -- The users of financial information -- Legal identity -- Financial versus management accounts -- Statutory requirements in sport and leisure -- Summary -- Questions for review -- References and further reading -- 2.Regulatory Frameworks In Sport -- Introduction -- The regulatory framework -- Accounting rules -- More accounting terminology -- The impact of the regulatory framework on sport -- Corporate governance -- Summary -- Questions for review -- References and further reading -- 3.The Mechanics Of Financial Accounting -- Introduction -- Recording business transactions -- The accounting equation -- The double-entry rule -- Choice of accounts -- Applying the double-entry rule -- Summary -- Questions for review -- References and further reading -- 4.Accounting Records In Sport -- Introduction -- Loan interest -- |
| Summary |
Using a rich variety of case studies, examples and data from the real world of sport management, the book places each concept into a managerial context, ensuring that the reader understands why that concept is important and how best to employ each technique |
| Bibliography |
Includes bibliographical references and index |
| Subject |
Sports administration.
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Sports -- Finance.
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| LC no. |
2010034996 |
| ISBN |
0415581796 (hbk) |
|
041558180X (paperback) |
|
9780415581790 (hbk) |
|
9780415581806 (paperback) |
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