SM 617 - Managing Sport Finances

Prerequisite: A 620 or permission of instructor. An examination of legal, managerial, accounting, and financial issues confronting sports, fitness, and recreation industry managers. Issues covered include tax law, bankruptcy, inventory management, capital instruments, accounting principles, financial statements, industry ratios, securing funds, and related concepts that help determine the viability and strength of businesses in the sports industries. The focus of the material is on how to apply basic financial management concepts to managerial decision making.
3 credit hours.