Social And Environmental Accounting

 Social and Environmental Accounting is usually used as an “umbrella term” to explain the impact of business activities on the society (both local and international), employees and consumers.  It offers a mechanism for reporting information that permits management to watch key social and environmental opportunities and threats facing organization. “The social impacts of organization underlie some real social issues – like obesity, ill- health and community regeneration. The profound effects organizations we are society are getting increasingly obvious. From the purpose of view of stakeholders, social accounting is therefore a critical a part of delivering accountability and transparency. From organization’s point of view, social accounting can help to spot and manage social risk  

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