Accounting for Social Responsibility of Business
Journal Title: International Journal of Management Research and Social Science - Year 2015, Vol 2, Issue 1
Abstract
Historical and theoretical inquiries into the function of accounting have provided fruitful insights into social responsibility of accounting, which is, and should be, based on accounts kept through everyday accounting activities. However, at the current stage of capitalist accounting, keeping accounts is often regarded as merely a preparatory process for creating financial statements at the end of an accounting period. Thus, discussions on the social responsibility of accounting tend to concentrate on the accounting information provided solely by these financial statements. As a criticism of this tendency, this study addresses the responsibility of accounting by properly identifying and locating the original and essential function of accounting: the function of controlling and recapitulating economic processes by keeping accounts. The concepts of accountability and multi-measurement accounting models are also discussed with a view to expand the responsibility of accounting.
Authors and Affiliations
Parmanand Barodiya
Keywords
Related Articles
- EP ID EP640842
- DOI -
- Views 147
- Downloads 0
A Study on the Investment Preference of Government Employees on Various Investment Avenues
India needs very high rate of investments to make a bound forward in efforts of attaining high level of growth. Since the beginning of planning, the prominence was on investments the primary instruments of economic growt...
Tiruppalaivanam Temple Inscriptions with Special reference to Lamp donation
The study presents a narrative history of the Tiruppalaivanam Temple at Tiruppalaivanam, which is one of the unique temples in Tiruvallore district. Studies on important South Indian temples are not uncommon, for the tem...
Innovative Human Resource Practices - A Study in Indian Context
Human resource practices are most effective when coordinated with strategic goals of organizations. HR practices role in the company‘s success is growing rapidly with the growth in many sectors in the present globalized...
Economic Empowerment of Women –a Lead by Working Women‘s Forum
The empowerment of women is one of the central issues in the process of development of countries all over the world. Tamil Nadu has a glorious tradition of recognizing the importance of empowering women over several cent...
Integral Humanism: A Political Philosophy Rooted on Indian Culture
The real contribution in the freedom struggle by leaders such as Bala Gangadhara Tilak and Mahathma Gandhiji was ‗Hindu Swaraj‘. Their life time could be different, but their motive behind the freedom struggle was rooted...