University of Never Land Athletic Department - Assignment Example

Comments (0) Cite this document
This study analyzes that the previous expenditure and revenue standings of the University Of Never Land have been above the projected budget for all the years. For instance, the year 2014 had $78 million dollars just slightly higher from that of 2013, which was $74 dollars (Ablauf, 2014)…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER93.1% of users find it useful
University of Never Land Athletic Department
Read TextPreview

Extract of sample "University of Never Land Athletic Department"

University of Never Land Athletic Department
The previous expenditure and revenue standings of the University Of Never Land has been above the projected budget for all the years. For instance, the year 2014 had $78 million dollars just slightly higher from that of 2013, which was $74 dollars (Ablauf, 2014). This is an indication that the expenditure has been increasing with an approximate of 5.5% annually. To financial experts, it is important to reduce the gap between the projected budgets with the actual budget so that you avoid financial crisis in the end. This is to avoid the idea of going beyond the limit covered by the taxpayers on the money spent on athletics by the university (Brit & Turner2010).
To maintain a clear budget for the university of Never Land athletic budget at a recommendable level, you need to keep updated records on all the expenditures and the revenues circulation within any financial year. It is important for financial managers to check on the revenues generated from the sports activities and allocate its use appropriately to avoid more stress on taxpayers’ money for the university. The department needs to incorporate qualified personnel to aid in expenditure allocation and revenue keeping to keep the athletics of the university lively (Brit & Turner2010).
The budgets for the next five years need to be projected analytically to be in line with economical changes that can come about. The budget needs to be one that will relate expenditure to revenues that will be expected from the athletics. Below is a projected budget for the next five financial years dating 2015 to 2020 for the University of Never Land Athletic Department.
The budget estimate of the University Of Never Land Department in dollars($)
Fiscal year
Budgeted expenditure
Expected revenues
Fig 1. The estimated budget for Athletic department
(Source: Author)
By following the estimates and set by the department, you need to spend the funds available in an accountable manner as a financial officer to enable availability of funds for emergency cases. The estimates will give a clear guide to what is expected to be realized in future for athletic activities in the institution. The internal auditors need to be open and critical when analyzing the books of account of the department to ensure that the officials involved spend funds in the right manner (Ablauf, 2014).
Ablauf, D. (2014). The Michigan Athletics Presents Fiscal Year 2015 budget. The University Records
Brit, W. E & Turner, G. R (2010). Changing The Game: Athletics spending in an Academic context. Trusteeship magazine Read More
Cite this document
  • APA
  • MLA
(“University of Never Land Athletic Department Assignment”, n.d.)
University of Never Land Athletic Department Assignment. Retrieved from
(University of Never Land Athletic Department Assignment)
University of Never Land Athletic Department Assignment.
“University of Never Land Athletic Department Assignment”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF University of Never Land Athletic Department

High School Athletic Department

...of gathering a pool of prospective and capable applicants and encouraging them to apply for a position; and training which focuses on developing skills concerning how various tasks are to be performed and how to develop customer relationship skills. Furthermore, the HR portfolio speaks about performance appraisal, reward systems, motivation, and job design, leadership and decision style, and on how these can be applied into the Orange High School Athletics. This portfolio is in line with the purpose of describing the entirety of the sport organization and improvement of the human resources which are essential to the improvement of the organization. Introduction The mission of Orange County High School...
15 Pages(3750 words)Research Paper

Housing Department at Murray State University

...? Housing Department at Murray ID Number) (Unit (Unit 26/11 Budget Proposal By: Murray state university housing department Murray state university is a friendly and hospitable public university located in the city of Murray, Kentucky. The university is the only public university in Kentucky with a population of 10,600 students. The campus has housing department that comprises of administrative and residential halls. New buildings are being put up to replace the old residential hall. The following are residential halls at Hurray University housing department; Clark hall,...
6 Pages(1500 words)Research Paper

Never Elements

...?Never Elements One can see that an imaginary world with full of superhuman characters can stimulate the imagination of the readers and they will be forced to contemplate on the scope of a different world. But one can see that aforementioned world is just imaginary because life cannot survive in harsh conditions. Still, readers consider that a different life is possible because technological innovation force them to think so. Within this context, the fiction named as Neverwhere by Neil Gaiman is noteworthy because the author leads the readers to the realm of underground dwellers. Besides, this literary work can be considered as a temporary escape from the real world to an imaginary world under the earth. Thesis statement:...
4 Pages(1000 words)Essay

Athletic programs

...How I have personally changed by participating in athletic programs that will positively impact my high school experience Since kindergarten, I have expressed much interest in soccer. At such an early age, I have immensely enjoyed the smell of freshly cut grass in the field and euphoric crowds during exciting moments of the game. More so, I have learned to value the friendships built with my playmates. Given these experiences, my love for this sport intensified through the years. Fortunately, my parents fully supported me and my undying passion for soccer. During my grade school years, I easily convinced them to enroll me in various local athletic programs that aim to improve the skills of...
2 Pages(500 words)Essay

The Athletic Trainer

...The Athletic Trainer In most sports, various personnel ensure fitness of the people taking part in the sports to prepare them adequately for competitions. In athletics, an athletic trainer is very useful personnel in the life of athletes. Due to the numerous injuries that most athletes experience in the course of their competitions, the athletic trainer works to prevent these injuries, assess the injuries offer rehabilitation for the athletes as well as provide adequate treatment with the help of doctors. This paper will analyze various aspects of athletic trainers, their specific roles as well as discuss...
5 Pages(1250 words)Research Paper

Masculinities and Athletic Careers

...Masculinities and Athletic Careers Masculinities and Athletic Careers According to Davalos, Chevez and Guardiola, (1999), the men’s studies scholars have been concentration on the critically examining the masculinity though ignoring the implications of racial and social class and inequalities between men. The research has been done on the white middle class men. On the other hand, the sports sociologists have also examined the causes as well as the consequences of class and social differences in sports industry but they do not integrate gender in to their analysis unless they are discussing women and sports. The choice of whether pursuing and athletic career depends with an individual...
1 Pages(250 words)Assignment

Athletic Director at State University

...Athletic Director at Describe the need, for fundraising The decision concerning the items that need funding has proven a challenge to the athletic directors. Despite the availability, of gifts to various sport items; donations still stands as they attend to the budgetary spending. The expenditure of the amount attached to the budgetary spending proves adequate when properly utilised by the athletic department and managers. It proves paramount to account for the spending of the amount donated so as to ensure the donors that the organisation is putting their resources into proper use. Conversely, the Michigan State University have devised their funding...
6 Pages(1500 words)Essay

NCAA Athletic Arms Race

...NCAA Athletics Arms Race Introduction Intercollegiate athletics is a net drain for nearly each of the participating institution in the nation. The athletics departments require large and growing subsidies from the college and universities in order to balance their budgets. College and university athletic programs are distinct from other professional sports because the cost of labor involved is largely fixed. The athletics have more than 300 employees, such as, academic advisors, coaches, sports medicine staff, marketing and ticketing sales personnel among others. The department draws a...
2 Pages(500 words)Assignment

University Land Deal

...Land Deal Due Father Farrell is interested in this conversation because he feels the longs has an idea about the buildings they want to buy off and they have an interest in expanding their areas of the resident. He interested because he is fully aware that the longs were negotiating on buildings that were of lower advantage as compared to his which had better advantages. The above reasons could help them have come to an agreement. His primary interest is to come to an agreement about the amount of cash in order to sell off the three dorms so that he helps save the financial situation in the school before it gets out of hand. His sources of power are the fact that he is aware of $16 million dorm that the extended...
1 Pages(250 words)Essay

Steroids and athletic culture such fierce competitiveness that it becomes a highly painstaking job for many athletes to say no to drugs. Doping has never remained out of practice and has always gone hand in hand with sports. Since ancient times, people have been using steroids to gain an unfair advantage in games. This research paper seeks to illuminate the reality of this claims that steroids and professional sports are inextricably linked to each other so much so that drugs form an important factor which characterizes our athletic culture. The earliest known evidence of steroid use in the athletic word dates back to ancient Greek times when the Greek athletes seeking to raise...
8 Pages(2000 words)Research Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Assignment on topic University of Never Land Athletic Department for FREE!

Contact Us