srm401 week 4 discussions 1 and 2 must be original

Discussion 1

Auditing and Ethics

Compare and contrast the roles of an independent auditor and an internal auditor. Describe two ways a sport organization can benefit from using an independent auditor. Then, provide two specific examples of how the operational effectiveness of a sports organization can improve with the use of internal audits. How can a sport organization create a highly ethical culture?

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Discussion 2

Assume you own a professional sports team that is struggling financially. How can a corporate reorganization help your business recover and reestablish itself during a financial crisis? What techniques would you use to increase profitability and make your business more attractive to possible buyers? What strategies would you use to find these potential buyers?

Corporate Reorganization and Finances

MUST BE ORIGINAL

EACH MUST HAVE REFERENCES

MUST BE A MINIMUM OF 250 WORDS EACH

TIP WILL BE GIVEN WHEN COMPLETED

Text

Fried, G., DeSchriver, T. D., & Mondello, M. (2013). Sport finance (3rd ed.). Human Kinetics. ISBN: 9781450421041