Social Accounting Practices in India as a Corporate Social Responsibility”

mixer history Practices in India as a integrated societal Responsibility soniuttranchal@gmail.com Concept: The concept of Social Accounting originated in different forms by Adam Smith in 1776, Later on, Karl Marks and Engel too expressed their views about tender costs in 1844. Pigou in 1920 also elaborated the variety of Social and Private Costs. The concept of social accounting was intelligibly introduced in the 1970s and later this concept received unplayful consideration from professional and academic accounting bodies. Social accounting as an approach began developing in the UK in the beforehand(predicate) 1970s, when the Public Interest Research Group established Social Audit Ltd. This has led to an increasing aw arness of CSR, and the triple bottom-line of transaction success measuring the military control not only in its financial performance, but by its social and environmental advert as well. Social accounting is adopted mostly by developed nations but now developing nations are also adopting this concept as their management practice. The concept of Corporate Social Responsibility is underpinned by the idea that corporations can no thirster act as isolated economic entities operating in detachment from broader society.

Traditional views about competitiveness, survival and profitability are being swept away. The concept of corporate social state is now firmly rooted on the global business agenda. Meaning: Social Accounting is a method by which a business seeks to place a value on the impact on society of its operations. Social Accounting is an carriage of companys social responsibilities and requirements of general corporate accountability. It is refer with the development of measurements system to monitor social performances. It is also cognize by various names like, social and environmental accounting, corporate social reporting, corporate social responsibility reporting, non-financial reporting, or... If you want to make grow a full essay, order it on our website: Orderessay

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