Volume : 9, Issue : 1, January - 2020

A STUDY ON SOCIAL RESPONSIBILITY ACCOUNTING AND SOCIAL RESPONSIBILITY REPORTING IN INDIAN CONTEXT

Asha Brahmakshatriya

Abstract :

We can define the word social responsibility as the means to help the society in every manner. Today the word social accounting attracts the attention of many industrialists because of industrial growth and economic prosperity of the nation. An organization has to be accountable to the public at a large in order to function effectively and survive in longer run. “Value Added Statement and Sustainability Reports” are given by many Indian companies in their annual reports in place of social reporting. Similarly, we can say that social accounting is a method by which a firm seeks to place a value on the impact on society of its operations