Open AccessAthletes—the invisible resources of sports organizations
Author(s) -
Zsuzsa Gősi,
Gábor Géczi
Publication year - 2015
Publication title -
apstract, applied studies in agribusiness and commerce/apstract
Language(s) - English
Resource type - Journals
eISSN - 1789-7874
pISSN - 1789-221X
DOI - 10.19041/apstract/2015/1-2/19
Subject(s) - athletes , value (mathematics) , impossibility , business , accounting , face value , face (sociological concept) , fair value , inclusion (mineral) , public relations , finance , psychology , political science , sociology , law , computer science , medicine , social psychology , social science , machine learning , physical therapy
Sports organizations must prepare an annual report on their operation and assets, pursuant to the current Act on Accounting. However, when preparing this report, one must face the difficulty of defining the value intellectual assets and human resources represent, and the impossibility of its inclusion in financial statements. Therefore there is a significant difference between the value shown in accounting and the fair value of sports organizations.