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.
concept of responsibility accounting
what is responsibility accounting
responsibility
responsbil;itys accounting priciples
Social responsibility accounting encompasses the measurement and reporting of a company's social and environmental impacts alongside its financial performance. It aims to provide stakeholders with a comprehensive view of how a business affects society and the environment, focusing on areas such as ethical practices, sustainability, and community engagement. This type of accounting helps organizations assess their contributions to social goals and improve transparency, thereby enhancing accountability to stakeholders. Ultimately, it supports informed decision-making and promotes corporate accountability in the pursuit of sustainable development.
concept of responsibility accounting
social responsibility accounting is concern with modern approach of accounting which include to make accounting information useful to the society
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
responsibility
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.
responsbil;itys accounting priciples
Social responsibility accounting encompasses the measurement and reporting of a company's social and environmental impacts alongside its financial performance. It aims to provide stakeholders with a comprehensive view of how a business affects society and the environment, focusing on areas such as ethical practices, sustainability, and community engagement. This type of accounting helps organizations assess their contributions to social goals and improve transparency, thereby enhancing accountability to stakeholders. Ultimately, it supports informed decision-making and promotes corporate accountability in the pursuit of sustainable development.
Difference between social accounting and social audit?
four phases of accounting and their meaning