SOCIAL RESPONSIBILITY ACCOUNTING: THE ROLE OF BUSINESS FIRMS IN MODERN SOCIETY

ABSTRACT
Social responsibility and Accounting are the roles expected of the business without force from the government. They are fundamental building blocks of market based societies. Without them there would be unbridled markets and the makings of a considerable discontent, perhaps revolution. One of the major problems associated with the social responsibility accounting is that most organisations face the problem of defining its areas of responsibility to the society at large. This is due to the changing nature of social and cultural norms and values. This project examines in details the analysis of various business ethics, social responsibilities and adaptive behaviour among others through appropriate method that will assure firms accountability to the whole for the discharge of responsibility and techniques that constitutes the business ethics and social responsibilities so as to promote the firm’s goodwill, public favour and to contribute to the long run success of the organisation.