Vocational and Technical Education Journal

The study is centered on the theories in auditing of social accounting, service organization and financial institutions. Social accounting is a new phase to the development in accounting which aims to increase the social awareness and the social effect of business decision, in addition to the economic effects. Social accounting emerged from the developed countries in the 1960s and till the end of 1980; its prime area concerned was human rights and equal employment opportunity. In this study, social accounting involves social and public responsibility, and also employee treatment. The study concluded that management at all levels should understand the scope and contents of social accounting so that they can make value added contributions towards building the company’s brand image and reputation. The recommended that the companies operating within and outside a locality should perform their corporate social responsibilities in the light of developing the area in which they operate.

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