Activity – based costing in sport organizations:Theoretical background & future prospects
Author(s)PANAGIOTIS E. DIMITROPOULOS
Geography. Anthropology. Recreation
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AbstractCosting systems in recent years have shown a significantdevelopment and activity-based costing (ABC) specificallyhas been considered as a major contribution to cost management, particularly in service businesses. The sport sector is composed to a great extent of service functions, yet considerably less have been reported of the use of activity based costing to support cost management in sport organizations. Since the power of information becomes continuously crucial for the implementation of effective business administration, the traditional methods of cost measurementproved insufficient on this issue, leading to the invention ofABC. The aim of this paper is twofold. First of all we wantto present the main theoretical background of ABC and itssubstantiated benefits, and secondly to present some practical steps for the implementation of ABC in sport organizations.