It is the process of communicating the social and environmental effects of organization's economic actions to particular interest group within society.
short note on GAAP
They are specific procedures used by a company to prepare its financial statements.
Difference between social accounting and social audit?
social responsibility accounting is concern with modern approach of accounting which include to make accounting information useful to the society
what is responsibility accounting
concept of responsibility accounting
Accounting is ingrained in our society and it is vital
1. Financial Accounting 2. Cost Accounting 3. Management Accounting 4. Social Accounting 5. Human Resource Accounting 6. National Accounting
Social accounting (also known as social and environmental accounting, corporate social reporting, corporate social responsibility reporting, non-financial reporting, oraccounting) is the process of communicating the social and environmental effects of organizations' economic actions to particular interest groups within society and to society at large.[1]Social accounting is commonly used in the context of business, or corporate social responsibility (CSR), although any organisation, including NGOs, charities, and government agencies may engage in social accounting.
Its a new phase to development of accounting and its birth to increase the social awareness. the social effects of business decisions in addition to the economic effects.
Daniel G. Short has written: 'Fundamentals of financial accounting' -- subject(s): Accounting
a debit note is an entry recorded to debit an account