Scientific Forum in Sport Management

Costing systems in recent years have shown a significant development and activity-based costing (ABC) specifically has been considered as a major contribution to cost man-agement, particularly in service businesses. The sport sec-tor 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 organi-zations. Since the power of information becomes continu-ously crucial for the implementation of effective business ad-ministration, the traditional methods of cost measurement proved insufficient on this issue, leading to the invention of ABC. The aim of this paper is twofold. First of all we want to present the main theoretical background of ABC and its substantiated benefits, and secondly to present some prac-tical steps for the implementation of ABC in sport organiza-tions. Key Words: activity-based costing, activity-based management, costing services, sport organizations, cost accounting, managemen