Socially Responsible Accounting

This textbook is designed for all students on undergraduate accounting and business courses or MBA finance programmes. It explains the case for adopting new forms of non-financial and socially-oriented disclosures in company reports. The book presents a systematic examination of social accounting. It explains each type of non-traditional accounting in terms of historical development, main theoretical bases, theoretical and practical models, and extent of current practice. Whereas traditional financial accounting is a partial information system based largely on 19th century ideas of ownership and markets, this book explains the non-traditional approaches which can enhance the information content of company reports, making them more useful to groups other than the usual audience of shareholders and creditors.