social audit and financial audit?

@shiela15 (286)
Australia
January 28, 2007 11:17pm CST
What's the difference between social and financial audit?
1 response
@jinuxnet (675)
• Philippines
29 Jan 07
A social Audit is a process of evaluation and reporting which is similar, in some respects, to a financial audit but focuses on a social rather than financial performance. It also is atool for evaluating how satisfactorily a company has discharged its social responsibilities while financial audit is one of many assurance or attestation functions provided by accounting and auditing firms.
@shiela15 (286)
• Australia
29 Jan 07
Aba! May tama ka!