You can read Human Kinetics e-books on desktop, laptop, and various mobile devices, as long as you have authorized the device or e-reader app to read e-books protected by Adobe’s digital rights management (DRM).
Leisure Services Financial Management equips students and professionals with the knowledge and skills to plan, implement, analyze, and report on the financial operations of leisure service agencies, businesses, and organizations. This unique text examines financial management systems, standards, and practices in recreation, leisure, tourism, and related fields, making it an essential reference for both future and current professionals.
Leisure Services Financial Management prepares students for the roles and responsibilities of entry-level to middle managers in public, private, and nonprofit sectors of the leisure service industry. Readers will learn
foundational knowledge used in economics, accounting, finance, and marketing;
the technical and technological skills involved in managing the financial aspects of a leisure service agency, organization, or business;
how to develop a financial management philosophy and practice ethical financial management; and
interpersonal skills useful for financial managers interacting with various stakeholders on fund-raising and development initiatives.
Leisure Services Financial Management presents current financial management approaches, giving students an understanding of the differences in accounting methodologies and financial report methods across the private, nonprofit, and public sectors. By examining and working with varied examples of financial reports and analyses, students gain experience in creating and interpreting a range of financial report models.
A comprehensive package of online ancillaries, including an instructor guide, presentation package, and test package, assists instructors in delivering engaging lectures, facilitating class discussion, and creating effective assessment tools. The instructor guide includes chapter overviews, learning objectives, glossary terms and definitions, learning activities, critical thinking questions, case studies, web links to additional resources, and sample financial reports to assist instructors in planning lectures and student assignments.
A student web resource offers a range of learning resources, including learning activities that replicate the work professionals do on the job. The student web resource also contains examples of management case studies, which offer insights into the realities of the economic, political, and financial workings of the leisure service industry. Both the instructor guide and student web resource contain sample financial reports from each sector (private, public, and nonprofit). Included with each of these reports are problem-solving activities, which provide students with practice in reading, understanding, and analyzing financial reports similar to those they will encounter as professionals. Problem-solving activities in each sample report help students show their understanding of how to interpret these financial reports.
Leisure Services Financial Management offers students in-depth discussion of the knowledge and skills necessary for beginning a career in the varied and dynamic leisure service industry. This foundational guide to financial management will serve as an essential resource to both future and current professionals in the leisure industry.
Chapter 1. The Leisure Services Environment Leisure and Leisure Services Financial Management Defined
How Leisure Services Began in the United States
Leisure Services Sectors
Challenges Facing Managers Today
Chapter 3. The Art of Accountancy
History of Accounting
Codes of Ethics and Conduct
Dimensions of Complexity in Leisure Services Accounting
Chapter 4. The Private Sector
How Greed and Power Affect Business Management
Size of the Private Sector
Focus on Customer Needs
Making a Profit
Debt Versus Equity
Taking on New Owners
Chapter 5. Private-Sector Accounting
Generally Accepted Accounting Principles
Advanced Financial Accounting Concepts
Reading Important Financial Reports
Chapter 6. Private-Sector Reporting and Analysis
Chapter 7. The Nonprofit Sector
Noncharitable and Charitable Nonprofits
Nonprofit Charitable Status
Fund-Raising and Donations
Boards of Directors
Role of the Nonprofit Manager in Fund-Raising
Chapter 8. Nonprofit Accounting and Reporting
Fundamentals of Nonprofit Budgeting
Chapter 9. The Government Sector
Chapter 10. Government-Sector Accounting
The GASB and the FASB
Annual Financial Reports
Special District CAFRs
Managing the Finances of Governmental Leisure Services
Chapter 11. Capital Financing and Construction Management
Capital Assets Financial Management
Sources of Financing for the Private Sector
How Nonprofits Fund Capital Improvements
How Governmental Units Fund Capital Improvements
Financing Public Projects Through Referenda
Managing Construction Projects
Chapter 12. Future Trends
Changes in Financial Reporting
Changes in Technology
Focus on Revenues
About the Author
Textbook for financial management courses for recreation, leisure, and
related fields. Reference for leisure professionals and a resource for
university professors in leisure and related fields.
David N. Emanuelson, PhD, has three decades of experience working
in the leisure services, serving for 12 years as department head of two
parks and recreation departments in Illinois and Indiana and 20 years as
a park district executive director in Illinois.
Emanuelson also taught courses in parks and recreation administration,
public administration and political science for 14 years. Before
retiring, Emanuelson held the post of assistant professor at George
Williams College of Aurora University, teaching administration,
financial management, commercial recreation, facility management, and
the economics of parks and recreation. Emanuelson currently works as a
consultant in the leisure service industry.
In 2003, he received the Gold Medal Award for Excellence in Parks and
Recreation Management and has received nine consecutive Certificates of
Achievement for Excellence in Financial Accounting. He is a member of
the National Recreation and Park Association, Illinois Park and
Recreation Association, Wisconsin Park and Recreation Association,
Midwest Political Science Association, and the honorary fraternities Rho
Phi Lambda, Pi Alpha Alpha, and Beta Gamma Sigma.
Emanuelson worked closely with his wife, Sharon, on the creation of this
book. They reside in DeKalb, Illinois, and enjoy traveling, boating,
water sports, and golf.
Instructor guide. Includes an overview of each chapter, learning objectives, glossary terms, and learning activities that replicate the work professionals do on the job. A list of critical thinking questions help students develop a logical and realistic solution. Case studies offer in-depth scenarios that present dilemmas for managers of leisure service organizations, agencies, and businesses. You will also receive sample financial reports to read and analyze as well as web links to additional resources.
Test package. Features a bank of at least 25 questions per chapter, including multiple-choice, true-or-false, fill-in-the-blank, and short-answer. The test package is available for use through multiple formats, including a learning management system, Respondus, and rich text.
Presentation package. Includes more than 235 PowerPoint slides of text and artwork that instructors can use for class discussion and illustration. The slides in the presentation package can be used directly in PowerPoint or be printed to make transparencies or handouts for distribution to students. Instructors can easily add, modify, and rearrange the order of the slides as well as search for slides based on key words.