SPORTS
keeping Doctors at bay.....
![Picture](/uploads/2/3/9/5/23956172/7503660.jpg?341)
Sports is a business cum fitness and recreation model.
![Picture](/uploads/2/3/9/5/23956172/1224099.jpg?427)
A specific authority is formed by the government to regulate, develop, train, organize and conduct a particular sport like cricket say Board of Cricket Control of India.
![Picture](/uploads/2/3/9/5/23956172/6142177.jpg?388)
Board Members of a Sports Authority are generally highly influential people.
Sports attract large audiences in a stadium and they are organised as Olympics, World Cups, Championships, Matches, Leagues, Rallies, etc.
![Picture](/uploads/2/3/9/5/23956172/1382607131.jpg)
A sports business earns revenue from event coverage rights given to Television, internet, mobile, sponsorships from one official team sponsor who is generally a very large corporate, merchandise suppliers like sports kit, suppliers like hotels and travel, ground signage rights as well as ticket sales.
![Picture](/uploads/2/3/9/5/23956172/4931807.jpg?349)
Stadiums could be owned or leased.
The financial numbers involved could be upto 100's of millions of dollars on an annual basis.
- Setting up state of the art accounting systems
- ERP software review and implementation assurance
- Improving systems and controls
- Independent Professional record keeping of Property Plant and Equipment
- Statutory audits
- Internal audits