Social Audit

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Dictionary Says

Definition of 'Social Audit'

A formal review of a company’s endeavors in social responsibility. A social audit looks at factors such as a company’s record of charitable giving, volunteer activity, energy use, transparency, work environment and worker pay and benefits to evaluate what kind of social and environmental impact a company is having in the locations where it operates. Social audits are optional--companies can choose whether to perform them and whether to release the results publicly or only use them internally.
Investopedia Says

Investopedia explains 'Social Audit'

In the era of corporate social responsibility, where corporations are often expected not just to deliver value to consumers and shareholders but also to meet environmental and social standards deemed desirable by some vocal members of the general public, social audits can help companies create, improve and maintain a positive public relations image. Good public relations is key because the way a company is perceived will usually have an impact on its bottom line.

Search results for

'Social Audit'

  • Ethical Investing: Corporate Governance | Investopedia

    http://www.investopedia.com/university/ethical-investing/ethical-investing6.asp
    ... Risk Indicators measure companies' governance performance on audit, board, compensation ...
    and research related to companies' environmental, social, governance and ...
  • Top 10 Home Business Tax Tips

    http://www.investopedia.com/articles/professionaleducation/11/home-business-tax-tips.asp
    ... Security and health insurance, but you can deduct half the amount of social security
    and ... a defensible percentage that you won't regret in the case of an audit. ...
  • Top Tax Tips For Retirees

    http://www.investopedia.com/articles/tax/11/tax-tips-for-retirement.asp
    ... This exceeds the $32,000 limit, so part of their Social Security benefits will ... Weighing
    The Tax Benefits Of Municipal Securities.) Avoiding an Audit While the ...
  • The 7 Most Common Tax Mistakes

    http://www.investopedia.com/articles/taxes/11/seven-common-tax-mistakes.asp
    ... Verify every number by looking at Social Security cards. ... This could be in the
    form of asking for additional documentation or even an audit. ...
  • Why People Don't Lie On Their Tax Returns - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0411/Why-People-Dont-Lie-On-Their-Tax-Returns.aspx
    ... taxes?" (For related reading, also take a look at Audit Stories You ... Employers collect
    federal, state, Social Security and Medicare taxes from each employee's ...
  • Simple Last-Minute Tax Tips

    http://www.investopedia.com/articles/taxes/09/last-minute-tax-tips.asp
    ... (For more on tax preparation, read Avoiding An Audit.) Check Your ... Ensure that your
    contact information, Social Security number, marital status and number of ...
  • How To File Your Child's First Income Tax Return

    http://www.investopedia.com/articles/taxes/08/kids-first-income-tax-return.asp
    ... of the child consistent with their authority." (For more see, Avoiding An Audit ... filing
    threshold are required to pay self-employment tax for Social Security and ...
  • 10 Tax Benefits For The Self-Employed

    http://www.investopedia.com/articles/tax/09/self-employed-tax-deductions.asp
    ... The self-employment tax refers to the employer portion of Medicare and Social Security
    taxes ... be prepared to defend your deduction in the event of an audit. ...
  • Ethical Investing: Investor Activism and Shareholder Advocacy ...

    http://www.investopedia.com/university/ethical-investing/ethical-investing7.asp
    ... will oppose non-independent directors candidates nominated to the audit, compensation
    and ... does not reflect the financial, economic and social circumstances of ...
  • Tax Withholding: Good For Government, Bad For Taxpayers

    http://www.investopedia.com/articles/tax/10/tax-withholding-benefits-criticisms.asp
    ... (To learn more, read Avoid The Social Tax Trap.); There's no need to save up ... (For
    more, see Surviving The IRS Audit.); Government can use the money sooner and ...

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