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Activity-Based Costing in the Public Sector

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Author(s): Athanasios Vazakidis | Ioannis Karagiannis | Anthi Tsialta

Journal: Journal of Social Sciences
ISSN 1549-3652

Volume: 6;
Issue: 3;
Start page: 376;
Date: 2010;
Original page

Keywords: Activity-based costing | cost of services | public sector | activity-based costing in the public sector and cost of service organizations

ABSTRACT
Problem statement: In the modern economic environment, the Public Sector aims at the continuous improvement of quality of the provided services. Thus, detailed information with regard to the cost of services is essential along with capable management to take advantage of this information. Approach: The study discussed the basic beginnings, the processes of activity-based costing and whether this costing method can be applied in the Public Sector, where the need for precise cost estimating information increases continuously. Results: It referred to the structure of a Greek Prefecture, with all the organized divisions and departments. At first, the new method of cost accounting is analyzed as mentioned in the international bibliography. Thereafter, the advantages of this method were pointed and then, follow the application in a specific Department of the prefecture where the results were delivered to the Administration of department under review, for the decision-making. Conclusion: Having analyzed the department of the prefecture, the management can depend on the results to comment on the study done and decide on future plans.
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