SMGT 6617 - Managing Sport Finances

Prerequisite: SMGT 6600 or consent of the instructor. An examination of legal, managerial, accounting, and financial issues confronting sport, 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 sport industries. The focus of the material is on how to apply basic financial management concepts to managerial decision making. 3 credits.