1. Form no: IQAC /10 (b)
PROGRAM: BBA-2019
Subject AUDITING
Subject Code BBA-605
Project No. ……..(Part 1/2/3) II
Project Title Audit Process and Audit Report
CO Covered CO3 and CO4
Due Date 15th June-2022
Details of project
In the modern era of corporate social responsibility, there is a growing expectation for
organizations to provide value to consumers and shareholders as well as meet environmental
and social standards. The conditions in which a product is manufactured is of growing concern
to consumers and social compliance is now a consideration when it comes to a brand’s integrity
and reputation. The main way that organizations can be sure of social compliance is through a
social audit.
A social audit is an internal or external examination of how a particular business is impacting
society and is a way of measuring, understanding, reporting and ultimately improving an
organization’s social and ethical performance.
The scope of a social audit can vary and can include not only social and ethical responsibilities
but also employee wellbeing. Some of the considerations that comprise a social audit include:
Management systems
Subcontracting
Transparency and honesty in reporting any stakeholder issues
Work environment including safety
Forced labour
Child labour
Equal opportunity
2. Form no: IQAC /10 (b)
Employee compensation
Hours of work
Contracts of employment
Nondiscriminatory practices
Grievance mechanisms
Environmental performance, etc.
In the Mini Project Part-I you have already submitted the audit report of a specific
organization. Now in Part-II you are required to prepare and submit the Social Audit
report for the same organisation.
Guidelines
Student should concentrate on the following in order to derive maximum benefit from the
audit experience:
1. In planning the audit, the scope of the work should be tightly focused on the audit
objective, and concern with extraneous issues should be avoided.
2. Objectivity and precision are essential elements to the audit approach.
3. Maintenance of confidentiality is an absolute requirement in the conduct of an
audit
4. Mini Project must be unique; two students can not submit the same project.
5. Data must be real, collected by you only.
6. If you have your own business / family business, you may prepare project on that
also.
7. Don’t share your data with your friends. In case of copied projects, no marks
would be given.