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social responsibility accounting is concern with modern approach of accounting which include to make accounting information useful to the society

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Concept of social responsibility accounting?

concept of responsibility accounting


Meaning of social 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.


Define social responsibility 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 has the author Brendan O'Dwyer written?

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


What has the author Mary Choquette written?

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


Explain the Concept of Social Responsibility of Business?

The concept of social responsibility of business refers to the idea that companies should not only focus on profit maximization but also consider their impact on society and the environment. This includes ethical practices, sustainable operations, and contributions to community welfare. Businesses are expected to balance stakeholder interests, including employees, customers, and the broader community, fostering positive relationships and long-term value. Ultimately, social responsibility promotes a more ethical and sustainable approach to business operations.


What do you mean by social responsibility in a community?

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.


Explain the social responsibility of a business management to society?

tangina mo di ko alam


Is a concept whereby organizations consider the needs of all stakeholders when making decisions?

Corporate Social Responsibility


What is the scope of social responsibility accounting?

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?

Difference between social accounting and social audit?


What is the socioeconomic model of social responsibility?

the concept that business should emphasize not only profits but also the impact of its decisions on society