provide the information essential for planning future action and improving performance be accountable to all those you work with and work for you
Through social accounting and audit you will understand the impact your organisation has on people, the planet and the way you use resources. It will also help you manage your organisation and improve your effectiveness. Social Accounting and Audit can be used by any organisation, whether voluntary, public or private sector, and of any size or scale.
Social Accounting and Audit uses eight key principles to underpin its process, ensure verification is effective and deliver continuous improvement. These are:
Clarify Purpose
Define Scope
Engage Stakeholders
Determine Materiality
Make Comparisons (benchmarking)
Be Transparent
Verify Accounts
Embed the process
Using these principles enables the organisation to maintain effective social accounts, enables them to be verified and ‘signed off’ and provides a platform for continuous improvement.
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