Tuesday, May 6, 2014

Social auditing will make NGOs effective

Chennai:
In a bid to enhance the functioning of NGOs in the state, Loyola Institute of Business Administration and Centre for Social Initiative and Management (CSIM) launched a two day workshop to provide tips on social auditing.
Interestingly, this comes in the wake of Companies Act 2013 making Corporate Social responsibility mandatory for the companies.
Devarajan, the founder of CSIM told Express that the need for social accounting and audit is to make the NGOs efficient and visible.
“It allows an enterprise to build on its existing monitoring, documentation and reporting systems to develop a process whereby it can account fully for its social, environmental and economic impacts,” he said.
Devrajan said that there are many NGOs registered but not all of them are functioning efficiently. According to Home Ministry figures of 2008-09, the state has the highest number of NGOs in the country. The Union home ministry figure states that the state alone has 3,123 NGOs.
Social auditor Latha Suresh said that Social Audit Network is planning to have tie-up with the Union government to do social audit of Panchayat Raj institutions.
Alan Kay, co-founder of social audit network, UK, says that charity institutions are being monitored in UK. “The monitoring agency ensures whether the NGO is really delivering a service and how it has benefitted the society.”
Latha says the course is being conducted to evolve a fresh group of social auditors. “The objective of the programme is to initiate a group of practitioners into the science and art of Social Accounting an Audit (SAA) by combining theory, examples and practice in a way that will ensure the participants are well versed with the principles underpinning the process as well as solutions to the practical challenges that arise out of undertaking SAA in organisations,” she said.

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