StudyPath

SPM 121 Fundamentals of Accounting and Finance

ND1 levelManagement & Administration15 topics

SPM 121 covers 15 topics. StudyPath paces them into daily study sessions that finish before your exam date, with practice questions and worked answers for each one.

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Course outline

The topics this course covers, in teaching order.

  1. Meaning of accounting
  2. Meaning of finance
  3. Differences between accounting and finance
  4. Accounting and finance in sport management
  5. Importance of accounting and finance in sport management
  6. Finance administration of sports
  7. Components of finance administration
  8. Budget planning
  9. Principles of budget planning in sports
  10. Effective budget planning for sports programmes
  11. Forecasting
  12. Forecasting in sports financing and accounting
  13. Principles of forecasting in sports
  14. Effective forecasting for sports programmes
  15. Benefits of adequate forecasting in sport programmes

A sample from this course

One topic, as StudyPath teaches it.

Meaning of accounting

Accounting is the systematic process of identifying, recording, classifying, summarising, interpreting and communicating financial information about an entity. It serves as the language of business, enabling stakeholders to make informed decisions and ensuring transparency and accountability.

What you get for SPM 121