concept of responsibility 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.
what is responsibility accounting
accounting concept are the basic knowledge of accounting on which basis monetry transation are made in accounting book.
responsibility
There are eight accounting concepts: Business entity concept, cost concept, going concern concept, matching concept, objectivity concept, unit of measure concept, adequate disclosure concept, and accounting period concept
social responsibility accounting is concern with modern approach of accounting which include to make accounting information useful to the society
Responsibility accounting helps in the management accounting and the managerial control of a business. It fixes the responsibility of the individual performance and the operation results so that it is not a vague concept.
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.
what is responsibility accounting
Brendan O'Dwyer has written: 'Corporate social reporting in the Republic of Ireland' -- subject(s): Accounting, Industries, Ireland, Social accounting, Social aspects, Social aspects of Industries, Social responsibility of business
Mary Choquette has written: 'Revered or reviled' -- subject(s): Corporate image, Social responsibility of business 'Social auditing' -- subject(s): Social accounting, Social responsibility of business
Social Responsibility, when in context with business practices, is the concept that any organization (corporation, entity, LLC, etc) has a certain responsibility to the people, society, or nature which that business comes into contact with.
responsibility
accounting concept are the basic knowledge of accounting on which basis monetry transation are made in accounting book.
There are eight accounting concepts: Business entity concept, cost concept, going concern concept, matching concept, objectivity concept, unit of measure concept, adequate disclosure concept, and accounting period concept
Corporate Social Responsibility