Social Audit Introduction • Social audit as a term was used as far back as the 1950s. Howard R Bowen developed social audit concept in USA in 50’s. Kreps Theodore J is regarded as the founding father of social audit concept. • There has been a flurry of activity and interest in the last seven to eight years in India and neighboring countries. • Social audit is based on the principle that democratic local governance should be carried out, as far as possible, with the consent and understanding of all concerned. It is thus a process and not an event. • Social audit is a technique used for finding out how the social responsibilities are being discharged by a business unit. • Used for judging social responsive ness of companies. • A performance appraisal technique –evaluates performance in relation to ecological balance, welfare employees, consumer protection, community service, etc • It monitors, appraise & measures social contribu...
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