Finance for Sport and Leisure Managers

Today's sport and leisure managers need to understand the financial side of the industry in order to offer the most cost-effective facilities and to make sound business decisions. However, to the non-accountant, the language and practice of finance can seem bewildering and impenetrable. Finance for Sport and Leisure Managers: An Introduction introduces the core concepts and rewards of good financial management, and guides students clearly through the seeming maze of financial terms and processes. Throughout the text financial theory, regulations and practice are set out alongside worked examples drawn from sport and leisure contexts. Designed for students with no prior knowledge of financial reporting, this book enables students to build understanding and confidence. The text includes: Industry specific case studies The mechanics' of financial accounting Income statements and balance sheets Why cash is not the same as profit How to analyse and interpret financial statements Self-tests to check and confirm your understanding. Written by experts in accounting and sport management, this unique textbook is ideal for sport and leisure management students as well as for practising managers looking for a quick-reference guide to everyday financial questions. Robert Wilson is a Senior Lecturer in Sport Management in the Faculty of Health and Wellbeing, Sheffield Hallam University. His subject specialisms are financial reporting and management accounting and his main research interest is the economics and finance of sport and leisure. He is a recognised expert in learning, teaching and assessment in Higher Education. John Joyce is the Professional Courses Leader in the Faculty of Organisation and Management at Sheffield Hallam University. His subject specialism is financial decision making and his main research interest is accounting education. He is a recognised expert in the educational systems of professional accounting.Wilson, Robert J. is the author of 'Finance for Sport and Leisure Managers', published 2007 under ISBN 9780415404471 and ISBN 0415404479.