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Social Accounting

  • Laurie Mook
Chapter

Abstract

This chapter presents an overview of social accounting for nonprofits, which broadens the range of information presented in conventional nonprofit accounting to include economic, social, and environmental factors. It also enables the participation of a larger group of stakeholders in its formulation. A related issue is that of multiple accountabilities, and several international accountability frameworks are highlighted. The chapter then examines in detail three real-life applications of social accounting: the Global Reporting Initiative, a Balanced Scorecard approach, and the Expanded Value Added Statement. Each approach attempts to understand the impact an organization has on their communities and the physical environment, and drive behavior consistent with mission and broad accountability.

Keywords

Corporate Social Responsibility Nonprofit Organization Credit Union Nonprofit Sector Accounting Statement 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer Science+Business Media, LLC 2010

Authors and Affiliations

  1. 1.University of TorontoTorontoCanada

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