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Explain the term 'Social Reporting' and give four reasons why entities publish social reports?

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Question added by Frank Mwansa , ACCOUNTING LECTURER , FREELANCER
Date Posted: 2016/01/28
Imtiazuddin  Syed
by Imtiazuddin Syed , Business , Logicom

ocial accounting in this sense as "an approach to reporting a firm’s activities which stresses the need for the identification of socially relevant behaviour, the determination of those to whom the company is accountable for its social performance and the development of appropriate measures and reporting techniques."[2] It is an important step in helping companies independently develop CSR programs which are shown to be much more effective than government mandated CSR

Social reporting is the use of social  media to report collective information about the live events and other live activities to share and act upon the same time.There are too many reason s why the business entities publishing social report .following are the4 reasons

1.Right of information to the stake holders.

2.Social Commitments 

3..Maintaining good relationship with the society.

4.To identify the problems and issues they have faced when reporting social responsibilities. 

ELEONOR RETOTAR
by ELEONOR RETOTAR , Regional Sales Manager , Philplans first

Social Report is an all-in-one social media management and reporting solution that allows you to track and manage your social network profiles all in one place. All features you need in one concise package.

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