Sport Finance, Second Edition Download Free (EPUB, PDF)
Sport Finance, Second Edition, grounds students in the real world of financial management in sport, showing them how to apply financial concepts and appreciate the importance of finance in sound sport management and operations. Designed for sport finance courses in a sport management curriculum and aligned with the requirements set forth by the National Association for Sport and Physical Education (NASPE) and the North American Society for Sport Management (NASSM), this text distinguishes the skills and principles of finance from those of economics. It also-allows students to apply information in whatever segment of the sport industry they will be working in—including professional franchises, college athletics, local clubs, and retail settings; -includes expanded coverage of business structures, the time value of money, and ethical guidelines and issues in auditing;-presents updated examples, references, and case studies, giving students contemporary examples and adequate coverage of core concepts; and-helps students new to sport finance comprehend the subject by including chapter objectives, easy-to-follow figures and tables, summaries, and discussion questions.As an added benefit to instructors, this second edition includes a wealth of ancillary materials to help make the topics more comprehensive to students. An expanded instructor guide, including tips on explaining topics that students often find difficult and a primer on basic finance concepts, plus an updated PowerPoint presentation and new test package are conveniently offered online. To further engage students, the authors use numerous real-world examples and five case studies that are referred to throughout the book. These studies—in professional, college, private business, manufacturing, and not-for-profit settings—represent the breadth of the sport world where finance is a critical component of success. Whenever possible, the case studies are analyzed with the use of financial data obtained from real businesses or government entities, providing a practical foundation for students to build on.Sport Finance, Second Edition, allows students to grasp fundamental concepts of finance and accounting, even if they have not previously studied those areas. By analyzing business structures, income statements, and funding options, students not only will learn basic finance and accounting, but they will also understand how those skills are used in the world of sport. This real-world application of the text will help students apply financial concepts in their future careers and will allow professionals to further develop strategies and investment plans in the industry. Part I introduces students to the basic issues, concepts, and systems of sport finance. Part II delves into financial analysis, planning, and the time value of money. In part III, students focus on obtaining funding and learning about stocks and bonds. Part IV explores capital budgeting and financial management. Through a discussion of taxation, legal issues, and spending earnings, part V takes a closer look at how businesses can increase their profits. Finally, part VI explains the auditing process as well as what happens when a business needs to close.With the increased spending in today's sport organizations, it is important to have a solid understanding of sport finance. Sport Finance, Second Edition, will provide students at all levels with the fundamental finance and accounting concepts they need to help raise, manage, and spend money in sport settings. v
Hardcover: 400 pages
Publisher: Human Kinetics; 2 edition (November 26, 2007)
Language: English
ISBN-10: 0736067701
ISBN-13: 978-0736067706
Product Dimensions: 11.3 x 8.7 x 1.2 inches
Shipping Weight: 2.8 pounds
Average Customer Review: 4.0 out of 5 stars See all reviews (5 customer reviews)
Best Sellers Rank: #610,274 in Books (See Top 100 in Books) #57 in Books > Business & Money > Industries > Sports & Entertainment > Park & Recreation #402 in Books > Reference > Encyclopedias & Subject Guides > Sports #520 in Books > Sports & Outdoors > Miscellaneous > Reference
This book assumes you have no knowledge about basic accounting and business finance. In fact, it uses the gross majority of its pages educating the reader on the subjects. If a person hasn't at least taken accounting 101 and 102, maybe along with a intro to business finance course, what business do they have taking a specialized course like this book intends to teach? The book shouldn't be answering what a bond is, rather, it should be answering how do sports organizations account for costs, insure their players, contract writing techniques, theories of revenue sharing, salary cap "massaging" techniques, etc. This book should have had far more and better sports case studies and critical analysis, both real and hypothetical. This book fails spectacularly as a sport finance book but would make a very good intro to business finance text, for high school students (the subject matter may help to motivate them).I read this book for fun and not as a textbook for class. I honestly came away with same amount of knowledge on sports finance that I began with which wasn't much, (hence reading an introductory book) but more info exists on a couple reliable web pages than in this text. Next book I intend to try: The Economics of Sports (4th Edition) by Michael Leeds.
Buy it for class, use it, and then sell it to get most of your money back... Its not something you will want to keep to use.
This book met my expectation and I was happy that I got it. It arrived on time so that I could do my classwork from day one.
Good read
Purchased this for my masters work. The topic was interesting and the Authors do a great job of linking the subject matter to current events.delivery was very fast which was helpful as I needed the book within a week for my class.
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