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Experts weigh in on economic sustainability in light of pandemic's effect on athletics
Author(s) -
McCarthy Claudine
Publication year - 2020
Publication title -
college athletics and the law
Language(s) - English
Resource type - Journals
eISSN - 1943-7579
pISSN - 1552-8774
DOI - 10.1002/catl.30736
Subject(s) - chief executive officer , officer , covid-19 , nothing , management , executive director , accounting , audit , business , political science , economics , medicine , law , philosophy , disease , epistemology , pathology , infectious disease (medical specialty)
Yes, we can all expect the COVID‐19 crisis to have a significant financial impact on college athletics and some very real costs for schools nationwide. But that doesn't mean there's nothing you can do to soften the blow. In fact, you can make a big difference by taking some very practical steps recommended by financial experts during a virtual forum hosted by Tom McMillen, President and Chief Executive Officer of the LEAD1 Association. Here's an overview of the guidance provided by Ronald Nahass, C.F.E., A.S.A., Director of Financial Consulting; and Steve Mermelstein, M.B.A., Director of Management Consulting, both at RSM US LLP, an audit, tax, and consulting firm.