Financial Management for Sorts Institutions

Course Description

"Financial Management of Sports Institutions" consists of 40 hours Training divided into six sessions. The author and trainer of this course is Professor Raed Rajab from Birzeit University, who will communicate with you throughout the course. The overall aim of the course is raising the level of financial management skills for trainees through the use of accounting and financial reporting, which will contribute to increasing the effectiveness and efficiency of sports institutions.

Objectives

Defining the meaning of accounting for sports institutions
Learn about the branches of accounting
Identify the types of organizations in the sports field
Determine the reasons behind the importance of accounting
Getting to know the balance sheet of sports institutions
Learn about the accounting equation for sports institutions
Analyze the impact of economic operations on the accounting equation
Preparing an income statement for an accounting period and identifying the components.
Define what is meant by consumption.
Understand how the adjustment principle (accrual) helps allocate operations to different accounting periods.
Dealing with accounting principles and assumptions that govern the process of preparing accounting statements.
Recording transactions in accounts through debit and credit terms.
Preparing the budget and income statement through the trial budget.
Mention the benefits of budgeting for sports institutions.
Learn the basics of effective budgeting.
Learn about the comprehensive budget and the steps for its preparation.
Determining developments on the flexible budget of sports institutions and their importance.
The concept of equation of variables for sales and productivity.
Knowing the uses of the annual return and the payback period for sports institutions.
Distinguish between the net present value and the internal rate of return in capital investments.
Determine the need for financial analysis.
Identifying the liquidity ratios of sports institutions.
Learn about profitability ratios.

Course Topics

Topic 1 Introduction to accounting Profit and loss account / income statement
Topic 2 Completion of the accounting cycle Accounts "T" and double-entry theory in bookkeeping and recording of transactions
Topic 3 Cash budget, income statement and estimated balance sheet
Topic 4 Budgeting: comparison of actual performance, budgeting, and skew analysis (variance)
Topic 5 Investment evaluation
Topic 6 Introduction: Financial statement analysis

Course Mode

Blended (Online and Face-to-Face)

Course Level

Beginner

Course Language

Arabic

Course Category

Business Administration

Accounting