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Research Journal of Business Management
  Year: 2014 | Volume: 8 | Issue: 2 | Page No.: 130-138
DOI: 10.3923/rjbm.2014.130.138
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Activity Based Costing in Public Sport Organizations: Evidence from Greece

Ioannis D. Kosmas and Panagiotis E. Dimitropoulos

The scope of this study is to examine whether the application of a new costing method (Activity Based Costing-ABC) within a public sport organization, contributes to better costing control, evaluation of non-value adding procedures and efficient allocation of municipal costs to local citizens. For this reason financial and cost data was used of a public sport facility within the city of Papagos-Holargos in Greece. The analysis suggested that ABC produces more efficient costing data since several athletic activities proved to be undervalued under the traditional costing method while others were significantly overvalued. Consequently, the application of an advanced cost accounting model like ABC could be proved useful for achieving more resourceful product costing, cost reduction, operational efficiency and even profitability. This study is the first trying to implement the ABC method to a public sport organization in Greece and adds to a growing number of studies on this field.
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How to cite this article:

Ioannis D. Kosmas and Panagiotis E. Dimitropoulos, 2014. Activity Based Costing in Public Sport Organizations: Evidence from Greece. Research Journal of Business Management, 8: 130-138.

DOI: 10.3923/rjbm.2014.130.138






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