Study Guide

Objective

Having completed this study unit:

- You know the basics of sports taxation, its special features and the meaning of tax planning.

- You know the principles of profitable sports business and are able to plan a budget.

- You can plan activities in sports by considering taxation, risks and profitability issues.

Competences: Business and Financial Management Competence

Content

Theme 1. The principles and essential regulations in sports taxation, taxation practices and procedures, taxation of fund raising in sports associations.

Theme 2. Principles of profitable business and the basics of annual budgeting.

Theme 3. Planning of activities in sports: Taxation, risks and profitability in planning and the execution of activities in sports.

Location and time

Fall 2024

Materials

Will be given during the implementation and in the implementation plan. 

Teaching methods

Lectures, workshops, exercises, independent studies, learning assignments and exams.

Employer connections

Real life examples / cases.
The learning assignment is based on an existing company / organization.

Exam schedules

Accounting exam 31.10.2024
Taxation exam 3.12.2024

Content scheduling

A more detailed plan and schedule is given in the implementation plan.

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Level 1
Taxation:
You know the principles of sports taxation and you are able to name special features in sports taxation from the point of view of the sports club, athlete and coach.
You recognize the connection between profitability and taxation.
You are able to take into account taxation point of view in planning and implementing activities in sports.

Profitability:
You know the principles of profitable business especially in the field of sports and you are able to draw a simple budget.
You are able to utilize profitability thinking in planning of activities in sports.

Level 2
Taxation:
You know the principles of sports taxation and are able to describe special features in sports taxation from the view of the sports club, athlete and coach.
You know and are able to describe the connection between profitability and taxation and are able to utilize the principles of taxation in planning and implementing activities in sports.

Profitability:
You know and are able to describe the principles of profitable business especially in the field of sports and you are able to draw a budget.
You are able to utilize profitability thinking in planning of activities in sports and you are able to justify your actions.

Assessment criteria, good (3)

Level 3
Taxation:
You understand the principles of sports taxation and special features in sports taxation from the view of the sports club, athlete and coach.
You understand the connection between profitability and taxation and are able to utilize the principles of taxation with justifications in planning and implementing activities in sports.

Profitability:
You understand the basics of profitable operations, especially in sports, and are able to draw up a budget and carry out budget monitoring.
You understand the meaning of profitability thinking in the long-term planning of activities in sports and are able to draw conclusions.

Level 4
Taxation:
You have a command of the principles and special features of sports taxation from the view of the sports club, athlete and coach.
You are able to evaluate the connection between profitability and taxation and you understand the meaning of taxation in planning and implementing activities in sports.

Profitability:
You have a command of profitability thinking in planning of activities in sports.
You are able to utilize budgeting in controlling and planning of activities in sports.

Assessment criteria, excellent (5)

Level 5
Taxation:
You have a command of the principles and special features of sports taxation from the view of the sports club, athlete and coach.
You are able to foresee the interconnection between profitability and taxation in planning and implementing activities in sports.

Profitability:
You are able to analyze the information obtained from the budget and by foreseeing utilize it in planning of activities in sports, as well as critically evaluate the profitability of activities and areas of development.

Assessment methods and criteria

Evaluation is based on the following:

1) Profitability exam 30 % 31.10.2024

2) Taxation exam 30 % 3.12.2024

3) Case assignment (profitability and taxation) 40 %

All parts have to be completed and accepted.