Podcast
Questions and Answers
What is another name for social accounting?
What is another name for social accounting?
In what context is social accounting commonly used?
In what context is social accounting commonly used?
What does social accounting emphasize?
What does social accounting emphasize?
With what can social accounting be used in conjunction?
With what can social accounting be used in conjunction?
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Which type of organizations may engage in social accounting?
Which type of organizations may engage in social accounting?
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Study Notes
Social Accounting
- Social accounting is also known as social responsibility reporting.
- Social accounting is a key area for companies in particular industries or sectors which impacts society heavily such as the extractive industries.
- Social accounting emphasizes reporting on a company's social and environmental performance alongside its financial performance.
- Social accounting can be used in conjunction with triple bottom line reporting (TBL).
- A range of different business organizations may engage in social accounting, from multinational corporations to small and medium-sized enterprises (SMEs).
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Description
Test your knowledge of social accounting with this quiz. Explore the process of communicating organizations' social and environmental effects to various interest groups and society. Delve into topics such as social and environmental accounting, corporate social responsibility reporting, and non-financial reporting.