ABSTRACT
The
project work discusses Social Accounting: A method of assessing the impact of
enterprises development activities. This study was therefore necessitated by
the need to give appraisal of the recognition and growing of sophistication of
Social Accounting Techniques for a good practice in corporate social
responsibilities. Specifically the objectives of the study are to answer among
others; to ascertain the input/effects of social accounting in enterprise
development activities in Nigeria, to evaluate various techniques of using
social accounting to estimate enterprises income/earning, to determine how to
solve organizational conflicts between shareholding interest and social
consideration and to evaluate some of the problems encountered in assessing
social accounting activities in Nigeria enterprises. To accomplish the above
objectives, the researcher made use of both historical and survey research;
data were collected by use of oral interview and questionnaires. Data collected
were subjected through analysis using simple percentage, tables, and charts
while the stated hypothesis were tested using Chi-Square (X2) to
ascertain its reliability and objectivity. The result of the research shows
that the effective use of social accounting approach improves transparency,
accountability and compliance in the organization. The application of social
accounting method of assessment has external/ internal environmental impact on
the Nigeria enterprises development activities; it has significant relationship
between the corporate image of the organization and the environment and it
shows that the conflict of interest between stakeholders and management has
hindrance on the auditing and reporting of accounting, where as stakeholders
engagement with the organization improves ethical standard and learning.
CHAPTER ONE
INTRODUCTION
1.0 BACKGROUND
OF THE STUDY
Social accounting as an approach
began developing in the U.K in the early 1970s, when the Public Interest
Research Group established Social Audit Limited. This organization carried out,
and publicized investigations into the operations of large public companies,
without necessarily gaining their permission or co-operation. Whilst lending
support to consumer pressure, there is an argument that this had a negative
effect on accountability, as organizations sought to ensure that sensitive
information was hidden from such investigations.
Globalization has brought with it
a wide realization that companies do not operate in isolation, but can have
marked impacts on the environment and people at local, national and global
levels, (Chris, 2006:1). This has led to an increasing awareness of Corporate
Social Responsibility (CSR) and the “triple bottom-line” of business success
measuring the business not only in the financial performance, but by its social
and environmental impact as well. Traidcraft and the New Economics Foundation
(NEF) pioneered a form of social accounting in
The concepts of Social accounting
is growing in recognition and sophistication, as it becomes one of the
foundations of good practice in corporate social responsibility (CSR), interest
is growing within large corporations, consultancies and voluntary organization
alike. If large companies are using a social accounting methodology to assess
their social impact, the question sensibly arises as to whether this is
something that can be usefully adopted by those seeking to assess the impact of
enterprise development activities. Most of the organizations that adopt this
concept are concerned with poverty reduction and enterprise development.
Social accounting is a way of
demonstrating the extent to which an organization is meeting its stated social
or ethical goals, whilst independently verified the organization itself on the
process of data collection and analysis and the process is driven by
indicators, the organization sets in consultation with stakeholders as opposed
to being based on standards or criteria determined externally. This is balance
by the principle of benchmarking which whilst still developing, should enable
organizations where possible, (Chris, 2006:2).....
================================================================
Item Type: Project Material | Attribute: 136 pages | Chapters: 1-5
Format: MS Word | Price: N3,000 | Delivery: Within 30Mins.
================================================================
No comments:
Post a Comment