Accountancy, asked by gabbar9720, 10 months ago

what is the meaning and importance of social Audit​

Answers

Answered by Anonymous
0
A social audit is a way of measuring, understanding, reporting and ultimately improving an organization'ssocial and ethical performance. Asocial audit helps to narrow gaps between vision/goal and reality, between efficiency and effectiveness. ... Social auditing creates an impact upon governance.

armaan2305: Hi girl in which std are you
Answered by armaan2305
1

Answer:

Basis of social audit

Social audit as a term was used as far back as the 1950s. There has been a flurry of activity and interest in the last seven to eight years in India and neighboring countries. Voluntary development organizations are also actively concerned.

Social audit is based on the principle that democratic local governance should be carried out, as far as possible, with the consent and understanding of all concerned. It is thus a process and not an event.

What is a social audit?

A social audit is a way of measuring, understanding, reporting and ultimately improving an organization’s social and ethical performance. A social audit helps to narrow gaps between vision/goal and reality, between efficiency and effectiveness. It is a technique to understand, measure, verify, report on and to improve the social performance of the organization.

Social auditing creates an impact upon governance. It values the voice of stakeholders, including marginalized/poor groups whose voices are rarely heard. Social auditing is taken up for the purpose of enhancing local governance, particularly for strengthening accountability and transparency in local bodies.

The key difference between development and social audit is that a social audit focuses on the neglected issue of social impacts, while a development audit has a broader focus including environment and economic issues, such as the efficiency of a project or programme.

Objectives of social audit

Assessing the physical and financial gaps between needs and resources available for local development.

Creating awareness among beneficiaries and providers of local social and productive services.

Increasing efficacy and effectiveness of local development programmes.

Scrutiny of various policy decisions, keeping in view stakeholder interests and priorities, particularly of rural poor.

Estimation of the opportunity cost for stakeholders of not getting timely access to public services.

Hope this helps you

Plz mark it as brainliest

Similar questions