FINANCIAL PLANNING AND FINANCING OF SPORTS COMPETITIONS
Manager of sport competition has right to decide and also to take responsibility for costs, income and financial results. From economic point of wiev flexible budget and planning cost calculations is top management base for analyzing success level of sport competition. Flexible budget is made before...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Montenegrin Sports Academy and Faculty for Sport and Physical Education
2012-09-01
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| Series: | Sport Mont |
| Subjects: | |
| Online Access: | http://www.sportmont.ucg.ac.me/clanci/SportMont_Septembar_2012_Novakovic_419-424.pdf |
| _version_ | 1818791076991860736 |
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| author | Srećko Novaković Dragan Đuranović Željko Vojinović |
| author_facet | Srećko Novaković Dragan Đuranović Željko Vojinović |
| author_sort | Srećko Novaković |
| collection | DOAJ |
| description | Manager of sport competition has right to decide and also to take responsibility for costs, income and financial results. From economic point of wiev flexible budget and planning cost calculations is top management base for analyzing success level of sport competition. Flexible budget is made before sport competition with few output level, where one is always from static plan-master plan. At the end of competition when we have results, we make report of plan executing and we also analyzing plan variances. Results of comparation between achieved and planning level of static budget can be acceptable if achieved level is approximate to budget level or if we analyzing results from gross or net income. Flexible budget become very important in case of world economic crises. |
| first_indexed | 2024-12-18T15:05:37Z |
| format | Article |
| id | doaj.art-b6ac8448281b4d9ebd3ca11acd9e8608 |
| institution | Directory Open Access Journal |
| issn | 1451-7485 2337-0351 |
| language | English |
| last_indexed | 2024-12-18T15:05:37Z |
| publishDate | 2012-09-01 |
| publisher | Montenegrin Sports Academy and Faculty for Sport and Physical Education |
| record_format | Article |
| series | Sport Mont |
| spelling | doaj.art-b6ac8448281b4d9ebd3ca11acd9e86082022-12-21T21:03:46ZengMontenegrin Sports Academy and Faculty for Sport and Physical EducationSport Mont1451-74852337-03512012-09-01X34-35-36419424FINANCIAL PLANNING AND FINANCING OF SPORTS COMPETITIONSSrećko Novaković0 Dragan Đuranović1 Željko Vojinović2Holding Kompanija ”SOLID” SuboticaSaobraćajni fakultet Doboj, Industrija nameštaja Bajmok.Manager of sport competition has right to decide and also to take responsibility for costs, income and financial results. From economic point of wiev flexible budget and planning cost calculations is top management base for analyzing success level of sport competition. Flexible budget is made before sport competition with few output level, where one is always from static plan-master plan. At the end of competition when we have results, we make report of plan executing and we also analyzing plan variances. Results of comparation between achieved and planning level of static budget can be acceptable if achieved level is approximate to budget level or if we analyzing results from gross or net income. Flexible budget become very important in case of world economic crises.http://www.sportmont.ucg.ac.me/clanci/SportMont_Septembar_2012_Novakovic_419-424.pdfperformancecappacitycostsvariancesfinancing modalities |
| spellingShingle | Srećko Novaković Dragan Đuranović Željko Vojinović FINANCIAL PLANNING AND FINANCING OF SPORTS COMPETITIONS Sport Mont performance cappacity costs variances financing modalities |
| title | FINANCIAL PLANNING AND FINANCING OF SPORTS COMPETITIONS |
| title_full | FINANCIAL PLANNING AND FINANCING OF SPORTS COMPETITIONS |
| title_fullStr | FINANCIAL PLANNING AND FINANCING OF SPORTS COMPETITIONS |
| title_full_unstemmed | FINANCIAL PLANNING AND FINANCING OF SPORTS COMPETITIONS |
| title_short | FINANCIAL PLANNING AND FINANCING OF SPORTS COMPETITIONS |
| title_sort | financial planning and financing of sports competitions |
| topic | performance cappacity costs variances financing modalities |
| url | http://www.sportmont.ucg.ac.me/clanci/SportMont_Septembar_2012_Novakovic_419-424.pdf |
| work_keys_str_mv | AT sreckonovakovic financialplanningandfinancingofsportscompetitions AT draganđuranovic financialplanningandfinancingofsportscompetitions AT zeljkovojinovic financialplanningandfinancingofsportscompetitions |