What is Social Accounting

This chapter is an attempt at presenting some reliable factors that have a significant impact on the creation, development, and practice of social accounting and reporting. A part of the research is devoted to presenting the problem of the emergence of the views of social accounting and reporting and their development over time. Attention has been provided to the most influential generators of social accounting and reporting that shape the state of the art to the fullest extent. The text seeks to highlight the driving forces that impact the development of social accounting and reporting. The essay cannot be exhaustive enough as the vast variety of social reports that exist cannot be covered in detail. The study, without seeking full comprehensiveness, tries to systematize some key drivers of social accounting and accountability. It seeks to provide a practical and simple coordinate system in which those who wish to conduct social accounting and reporting should be guided by the diverse sources of social accountability models.