In-the-round Values Social Accounting and Audit
Social Enterprise is a new type of organisation, one that carries out commercial trade, but with a social and environmental conscience. Instead of the usual commercial organisation that uses its single bottom line to measure and justify performance, Social Enterprise uses a triple bottom line of financial viability, social wealth creation and environmental responsibility – in-the-round values. Social enterprise represents the new value of commerce where people, the environment and society matter as much as financial profitability.
This is a short practical guide for start-up and emerging Social Enterprises in how to formulate and manage a straight forward way of measuring whole performance.