43850203 Social Audit | Audit | Conservation Biology

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Social Audit   Social audit is a tool for evaluating how satisfactorily a company has discharged its social responsibilities. Social audit enables the public as well as the company to evaluate the social performance of the company According to Ahmed Belkaoui, ´social audit much like the financial audit - is an identification and examination of the activities of the firm in order to assess, evaluate, measure and report their impact on the immediate social environment.µ Objectives and Bene
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  Social AuditSocial Audit   Social audit is a tool for evaluating how satisfactorily aSocial audit is a tool for evaluating how satisfactorily acompany has discharged its social responsibilities.company has discharged its social responsibilities.Social audit enables the public as well as the company Social audit enables the public as well as the company to evaluate the social performance of the company to evaluate the social performance of the company    According to Ahmed Belkaoui, ´social audit much like According to Ahmed Belkaoui, ´social audit much likethe financial auditthe financial audit --is an identification andis an identification andexamination of the activities of the firm in order toexamination of the activities of the firm in order toassess, evaluate, measure and report their impact on theassess, evaluate, measure and report their impact on theimmediate social environment.µimmediate social environment.µ  Obje ctiv  es and B e n ef  it s o f  Social Obje ctiv  es and B e n ef  it s o f  Social Audit Audit  E  valuates the social dimensions of the performance of the E  valuates the social dimensions of the performance of thecompany.company.  Improves the social performance of the company on the basis of Improves the social performance of the company on the basis of the feed back provided by the social audit.the feed back provided by the social audit.  Increases the public visibility of the organizationIncreases the public visibility of the organization  Involvement of people in developmental activities ensures thatInvolvement of people in developmental activities ensures thatmoney is spent where is it actually needed.money is spent where is it actually needed.  Reduction of wastages.Reduction of wastages.  Reduction in corruption.Reduction in corruption.   Awareness among people. Awareness among people.  Promotes integrity and a sense of community among people.Promotes integrity and a sense of community among people.  Improves the standard of governance.Improves the standard of governance.  M e thod s o f  Social Audit M e thod s o f  Social Audit  Social Process AuditSocial Process Audit   Through an internal management information system Through an internal management information system  Financial Statement Format AuditFinancial Statement Format Audit  the social information is presented in the conventionalthe social information is presented in the conventionalfinancial statement formatfinancial statement format  MacroMacro--Micro Social Indicator AuditMicro Social Indicator Audit  evaluate the micro indicators (i.e., the company·sevaluate the micro indicators (i.e., the company·sperformance) against a set of macro indicators such asperformance) against a set of macro indicators such asnational policies.national policies.  Constituency Group AuditConstituency Group Audit  the preference and attitudes of various constituencies (likethe preference and attitudes of various constituencies (likeemployees, creditors, suppliers and customers) are identifiedemployees, creditors, suppliers and customers) are identifiedand measuredand measured
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