GLOSSARY
Accounting equation Assets – Liabilities = Capital.
Accounting rate of return relates the average yearly surplus of a project to the average investment to measure the overall profitability of the project.
Amortisation the method used to expense purchased football players in the profit and loss account. Amortisation is the player cost spread over the length of the contract signed.
Analysis of competitive balance (ACB) a strand of competitive balance literature that denotes analysis of competitive balance over time.
Annual report the financial statements, director’s report, auditor’s report, and other information published by an organisation on an annual basis.
Balance sheet a list of all the assets owned by a business and all of the ...
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