Social Audit

Social Audit is an independent evaluation of the performance of an organisation as it relates to the attainment of its social goals. It is an instrument of social accountability of an organisation. In other words, Social Audit may be defined as an in-depth scrutiny and analysis of the working of any public utility vis-à-vis its social relevance.

The Social Audit process is intended as a means for social engagement, transparency and information communication, leading to greater accountability of decision‐makers, representatives, managers and officials. The underlying ideas are directly linked to concepts of democracy and participation.”

 

Social Audit Network UK defines Social Auditor as “A person who chairs the social audit panel and manages the audit process at the end of each cycle, including the examination of the data and the sample checking to the source (the audit trail), and issuing the Social Audit Statement. ”

SEBI defines a social auditor as an individual registered with a self-regulatory organization (SRO). We are Registered with ICMAI Social Audit Organisation and eligible to conduct Social Audits for Non Government Organisations and For Profit Enterprises.

Also with SEBI giving approval to setup Social Stock Exchanges with NSE and BSE, avenues have opened up for NGOs an FPE to register on the SSE and raise Funds. With all the Corporate Law experience we are providing services to NGOs and FPE to list on the SSE and raise funds.