Wednesday, January 20

Tag: social audit

Advantages and Disadvantages of a Social Audit
Education and Communications

Advantages and Disadvantages of a Social Audit

To live in a fair society, accountability and transparency are of utmost importance. Currently, there has been a social divide apparent in every sector. This calls for research into the whys and whats of the divide. A good fact-finding of these social issues is through a social audit. So let us look at the importance and the barriers of social auditing. WHAT IS SOCIAL AUDITING? The Food and Agricultural Organisation of the United Nations (FAO) describes social audit as a way of measuring, reporting, understanding, and improving an organization's social and ethical performance. It is a technique to understand, measure, verify, and ultimately report in the social performance of an organization. The assessment done in a social audit shows how well a company or an institution is achieving it...