SOCIAL AUDIT

GROUP MEMBERS

DELNA SRUTHI C P JUNAID NIKHIL PARVATHI SHIDHUL NIYAS SINISHA NAYANA PREENA AJNAS

A commitment to systematic assessment of and activities on some meaningful , definable domain of the companys activities that have social impact

CHARACTERISTICS
Social audit includes all activities which have a social

impact. It measures social performance Most of the activities which are coming under the auspicious of social audit are outside the orbit of organisation. So it is very difficult to collect data from outside sources. It can be conducted by internal auditors or outside consultants or the both. Quantitative & qualitative data are used for the purpose of social audit.

OBJECTIVES OF SOCIAL AUDIT

The basic objective of social audit is to evaluate the

social dimensions of the performance of the company. Another principal objective which follows the objective mentioned above is to take measures to improve the social performance of the company on the basis of the feedback provided by the social audit. Social audit increases the public visibility of the organisation. If the social audit reveals a socially commendable performance of the company, it will help boost the public image of the company.

METHODS
Social process audit
Financial statement format audit Macro micro social indicator audit

Constituency group audit

Partial social audit Comprehensive audit Corporate rating approach

PROCESS

Environment building on social audit Collect &prepare list of information need from time to time Facilitate transparency in programme implementation Transcribe information into peoples language Sorting and analysis of information Sharing the findings with respective persons and collect their opinion Compilations of all findings Presentation of findings Record their views and help implementer to rectify the process wherever required.

ADVANTAGES
Trains the community on participatory local

planning Encourages local democracy Encourages community participation Benefits disadvantaged groups Promotes collective decision making and sharing responsiblities Develops human resources and social capital

OBSTACLES TO SOCIAL AUDIT

Being a relatively new concept, social audit is yet to gain wide

appreciation and acceptance. A clear and well accepted methodology for conducting the social audits is not available. There is no agreement as to the items to be included for social audit. It is very difficult, and in several cases even impossible ,to quantify the social costs and benefits of different activities or items. There may be resistance within the company to social audit because of the time ,effort , and difficulty involved in the task. There may be resistance because of the fear of a dismal or unsatisfactory picture that may be presented by the social audit.