Social Accounting and Audit

1. Social Accounting and Audit

2. NOT John Pearce CBS Network &Social Audit Network UK

3. Social Accounting and Audit Lorna Edwards Social Enterprise Academy

4. Understanding Social Accounting and Audit Social Purpose � Social Accounting � Social Audit � Social Report Social = social + environmental + economic Financial performance = organisational sustainability Social Accounting (social accountant) � Social Auditing (social auditor)

5. Understanding Social Accounting and Audit Proving and Improving � and Accountability Performance (what we did) + Impact (what happened)

6. Principles of Social Accounting and Audit Multi-perspective Comprehensive Comparative Regular Verified Disclosed

7. Getting Ready for Social Accounting and Audit Understanding the process Looking at what you already do Get commitment Think about available resources Make it manageable! Actively decide to go ahead

8. The Building Blocks of Social Accounting and Audit Step One � Planning Mission Objectives (how we seek to achieve it) + Activities (what we do) + Values (what we believe - how we behave) Stakeholders � whom we affect and who affect us (intentionally and unintentionally)

9. The Building Blocks of Social Accounting and Audit Step Two - Accounting Scope Indicators (narrative, quantitative and qualitative information) Stakeholder consultation

10. The Building Blocks of Social Accounting and Audit Step Three � Reporting and Audit Draft social accounts Social Audit Panel and social audit statement Social Report

11. Three Step Process a

12. Resources Social Accounting and Audit Manual + CD SFEDI endorsed Toolkit on website: www.socialauditnetwork.org.uk

13. Using Social Accounting and Audit Proving � demonstrating what we have done and achieved (performance and impact) to all stakeholders (accountability) Our Objectives and Their Objectives � the 360 degree picture Common or Shared Objectives � making comparisons Improving � social enterprise plans

14. Some Contemporary Issues Mandatory or Voluntary? A kite-mark for social economy organisations? � the ethical dimension The cost of social accounting and audit

15. Social Audit Network E-mail network: monthly circular exchange of information making contacts Social Accounting and Audit Manual + CD Website: www.socialauditnetwork.org.uk Directory of social accounts Ever-expanding toolkit

16. Social Audit Network Training: Taster sessions Master-classes technical seminars Training for Social Auditors Continuous professional development Accredited training � OCN; ILM

17. Social Audit Network Register of social auditors + quality assurance Register of ordinary members who are trainers/facilitators National and Regional events Regional network development Information, Education and Promotion Research and Development

18. Social Enterprise Academy Joint training with SAN Ongoing coaching support through the social accounting and audit process Offer qualifications - Institute of Leadership & Management Endorsed Award in Social Accounting and Audit 2 day course on 3 & 4 July

19. Other Social Accounting Tools Quality and Impact Toolkit (www.proveandimprove.org) Key co-operative performance indicators Balanced score-card for social enterprises Performance dashboard for social firms Prove it � social capital Social capital stock-take

20. Other Social Accounting Tools Social Return on Investment Measuring Economic Impact LM3 � the Money Trail Green Office Check-list Development Trusts� health-check SAN: www.socialauditnetwork.org.uk