Social accounting is about recording the social value of an organisation which provides a framework to plan and manage future developments. It’s focus is on proving, improving and accounting for an organisation value to its beneficiaries, and those that are stakeholders to organisation.
It demonstrates transparency, a willingness to improve by the organisation, and includes stakeholders who can raise awareness and allow them to feedback into how the organisation could improve its service for the mission that it is seeking to achieve.
Social accounting shows the value given back to the community in both financial and non-financial benefits that the organisation provides.
Find out more about Social Accounting click here
If you would like to read our latest Annual Report please click here