social responsibility reporting

social responsibility reporting
= corporate social reporting
The reporting of social accounting issues by a business. These may be discussed in the annual accounts and report or form the basis of a separate report. Social responsibility costs are the costs to the business of e.g. equipment donated, sponsorship given, or charitable donations. The monetary quantification of social benefits is much harder to measure and necessarily subjective. Owing to the concerns of consumers, investors, and other stakeholders, companies are increasingly obliged to be environmentally and socially conscious.

Accounting dictionary. 2014.

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  • social responsibility reporting — corporate social reporting The reporting of social accounting issues by a business. These may be discussed in the annual accounts and report or form the basis of a separate report. Social responsibility costs are the costs to the business of e. g …   Big dictionary of business and management

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  • social audit — An audit of the impact of an organization on society. For example, an environmental audit is one kind of social audit. See also: social responsibility reporting …   Accounting dictionary

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  • social audit — An audit of the non financial impact of an organization on society. For example, an environmental audit is one kind of social audit. Other aspects may be of interest to other stakeholder groups, such as customers, employees, and the wider… …   Big dictionary of business and management

  • social service — social service, adj. organized welfare efforts carried on under professional auspices by trained personnel. [1850 55] * * * Introduction also called  welfare service,  or  social work,         any of numerous publicly or privately provided… …   Universalium

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