Social accounting is defined as identifying and recording a business's activities related to social responsibility. It is an important tool for measuring how well a company fulfills its social responsibilities. Some key objectives of social accounting are to effectively utilize natural resources, help employees through benefits like education, help society through initiatives like tree planting and hospitals, help customers by providing quality goods at low prices, and help investors by providing transparent information. While not mandatory, some countries like France, the UK and US commonly produce social responsibility statements alongside other financial statements.

1. SOCIAL ACCOUNTING AND
ITS OBJECTIVE

2. WHAT IS SOCIAL
ACCOUNTING

3. SOCIAL ACCOUNTING MAY BE DEFINED AS
IDENTIFICATION AND RECORDING OF BUSINESS
ACTIVITIES REGARDING SOCIAL RESPONSIBILITY.
SOCIAL RESPONSIBILITY CONCEPT IS THE ONE OF
THE IMPORTANT CONCEPT OF MANAGEMENT . IT
IS THE DUTY OF ENTERPRISE TO DO SOME
SOCIAL ACTIVITIES FOR COMPLETING THEIR
SOCIAL RESPONSIBILITY .
SOCIAL ACCOUNTING IS VERY IMPORTANT TOOL
TO MEASURE THE PERFORMANCE OF ANY
COMPANY IN VIEW OF SOCIAL RESPONSIBILITY .
COMPANY HAS TO MAKE SOCIAL RESPONSIBILITY
INCOME STATEMENT AND BALANCE SHEET . BUT
IT IS NOT COMPULSORY TO MAKE THESE
STATEMENTS .

4. FRANCE , UK AND USA ARE THE TOP COUNTRIES
WHERE SOCIAL RESPONSIBILITY STATEMENTS ARE
MADE WITH OTHER FINANCIAL STATEMENTS . IN
INDIA SOCIAL ACCOUNTING IS NOT SO POPULAR
BUT SOME INDIA COMPANIES ARE NOW
FOCUSING ON SOCIAL RESPONSIBILITY AND ALSO
STARTED TO MAKE SOCIAL REPORT FOR
CALCULATING TO TOTAL COST AND BENEFITS
FOR PERFORMING SOCIAL RESPONSIBILITY .

5. OBJECTIVES OF SOCIAL
ACCOUNTING
Main objectives of social
accounting are to help society by
providing different facilities by
enterprise and to record them. We
can write them in following points

6. 1. EFFECTIVE UTILIZATION OF
NATURAL RESOURCES
2.HELP TO EMPLOYEE
3.HELP TO SOCIETY
4.HELP TO CUSTOMER
5.HELP TO INVESTORS

7. EFFECTIVE UTILIZATION OF NATURAL
RESOURCES
Main objectives of making social accounting is to
determine whether company is properly utilize their natural
resources or not .

8. HELP TO EMPLOYEE
Company can help employees by
providing the facility of education
to children of employees, providing
transport free of cost and also
providing good working
environment conditions

9. HELP TO SOCIETY
•Because companies' factories spread the pollution
in natural society which is very harmful for society .
So , enterprise can help to society by planting the
trees , establishing new parks near factory area.
and also opening new hospitals

10. HELP TO CUSTOMER
In social accounting this the part of
benefits given by company to society ,
if company provides goods to
customers at lower rate and with high
quality .

11. HELP TO INVESTORS
Company can help to investors by
providing transparent accounting
information to investors

12. Because of many objectives are related to
safeguarding of natural resources so this accounting
is also known as Social and Environmental
Accounting, Corporate Social Reporting, Corporate
Social Responsibility Reporting, Non-Financial
Reporting, Sustainability Accounting

13. THANK YOU 😊