Hello, Explain about the social responsibility accounting?
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Social accountingย (also known asย social accounting and auditing,ย social accountability,ย social and environmental accounting,ย corporate social reporting,ย corporate social responsibility reporting,ย non-financial reportingย orย accounting) 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, orย corporate social responsibilityย (CSR), although any organisation, includingย NGOs,ย charities, andย government agenciesย may engage in social accounting. Social Accounting can also be used in conjunction with Community-Based Monitoring (CBM).