Features of SAA

The following are its key features.

Although SAA offers a flexible process which can be tailored to theneeds of the organisation, there are a number of guiding principles which lie atthe heart of the methodology and so should be followed

Multi-perspective Social accounting should engage with and reflect the opinions of a wide variety of people (key stakeholders) affected by (and able to affect) the organisation
Comprehensive Social accounting should cover all the activities of the social enterprise or organisation.It should also bring together all forms of impact that the organization has- economic, environmental and social.
Comparative The organisation should be able to compare its performance over time and also against similar organisations/other benchmarks
Regular It should be undertaken regularly rather than be a one-off exercise and become embedded in the running of the social enterprise or organisation
Verified The Social Accounts should be checked (audited) by an independent social audit panel, chaired by an approved Social Auditor
Disclosed The findings of the audited Social Accounts should be widely circulated and discussed

Why should you do it?

  • Underlining commitment to your mission
  • Understanding the impact of your work
  • Reducing strategy-operations gap
  • Reaching out to stakeholders
  • Improving transparency
  • Improving public relations