QUANTITATIVE METHODS IN FINANCIAL REPORTS AS SUPPORT TO MAKING BUSINESS DECISIONS IN THE SPORT INDUSTRY

Abstract

Structured or defined problems represent the most important characteristics relevant
to the choice of methods and decision support procedures in this specific
problem. Sport industry is specific because of specific inputs in process. Simply
stated, the degree of structuring is the answer to the question of whether the
problem is known and whether it is reliably known what needs to be done to
solve the problem. It is precisely the fact that in the field of the relevance of the
financial statements of business entities, a large number of semi-structured problems are encountered, the basic motive for applying the principle of financial
reporting was to present a decision support system that would help in monitoring
and adhering to international accounting standards.