ABSTRACT
The project work discusses Social Accounting: A method of assessing the
impact of enterprises development activities. This study was therefore
necessitated by the need to give appraisal of the recognition and growing of
sophistication of Social Accounting Techniques for a good practice in corporate
social responsibilities. Specifically the objectives of the study are to answer
among others; to ascertain the input/effects of social accounting in enterprise
development activities in Nigeria, to evaluate various techniques of using social
accounting to estimate enterprises income/earning, to determine how to solve
organizational conflicts between shareholding interest and social consideration
and to evaluate some of the problems encountered in assessing social accounting
activities in Nigeria enterprises. To accomplish the above objectives, the
researcher made use of both historical and survey research; data were collected
by use of oral interview and questionnaires. Data collected were subjected
through analysis using simple percentage, tables, and charts while the stated
hypothesis were tested using Chi-Square (X2) to ascertain its reliability and
objectivity.
The result of the research shows that the effective use of social
accounting approach improves transparency, accountability and compliance in
the organization. The application of social accounting method of assessment has
external/ internal environmental impact on the Nigeria enterprises development
activities; it has significant relationship between the corporate image of the
organization and the environment and it shows that the conflict of interest
between stakeholders and management has hindrance on the auditing and
reporting of accounting, where as stakeholders engagement with the
organization improves ethical standard and learning.
