Social accounting and reporting aims at observing and assimilating issues not necessarily covered by traditional accounting functions into a form that can be used for decision making by individuals not necessarily directly or only concerned with the financial success of the entity.

Question

Quizplus · Accepted Answer

Social accounting and reporting involves incorporating non-financial information into decision making for a wider range of stakeholders beyond just those focused on financial success.

Social Accounting and Reporting Aims at Observing and Assimilating Issues