WORKSHOP The New Guide to Social Accounting and

WORKSHOP The New Guide to Social Accounting and Audit 2011 An introduction…

What I want to do… • • Background Process of re-drafting Main points about the New Guide Overall process of social accounting and audit • Main changes with the New Guide • Discussion exercise…

Background… • Social accounting goes back to early 1990 s…and before… • Social Accounting and Audit Manual and CD (2005) – sold out • Research – Really Telling Accounts! (2008) – key findings… • Wallchart – incorporating some changes – bitty… • Website – updates BUT…. • THEREFORE – DECIDED TO RE-DRAFT AND PUBLISH A NEW GUIDE….

Process of re-drafting… • Raised funding from within the social enterprise sector and those interested in social accounting and audit • Reference Group • Drafted the text…and CD Links and weblinks • Consultation with “readers”… • Revisions will be made… December 2010 • Will design and print and sell…from January 2011

Main points about the New Guide… • Building block approach… • Responds to the changing situation around performance and impact assessment • Provides a framework for monitoring, selfevaluation and helps with planning • “Guides” an organisation through the main the tools available • Takes more account of “outcomes”, “impact” and “change” – difference made… • Hard copy available and can be accessed via the website for SAN members • Updates on the website

Overall process of social accounting and audit… On the CD: Case studies, checklists, diagrams, information sheet, examples, supplementary information, techniques, templates Website: updateable information Check Stage One: Getting ready… Stage Two: Foundations… Stage Three: Nuts and bolts… Understanding What you already do Commitment Manageable Resources Decision to proceed Vision/Mission Values Objectives (org. ) Key aspects Stakeholders Key stakeholders Indicators Outputs/outcomes Consulting Managing scope Social accounting Plan Implementing Plan Buy-in to proceed VMVOA and stakeholders Check Stage Four: Analysing and reporting… Stage Five: Social audit… Collect/analyse Draft Social Accounts (Basic or Advanced) Data and consultation results Arranging audit Social audit panel (options) Statement Social Report Summary Draft Social Accounts Social Report

Main changes with the process… 1 Key Aspects Checklist… …human resources, good governance and accountability, asset lock and use of profits, financial sustainability, environmental sustainability, and economic impact

Main changes with the process… 2 Scope… Segmenting: • Part of organisation • Only some of the objectives • Limited number of stakeholder groups

Main changes with the process… 3 Impact Map… • Use simple impact map to check on activities, objectives linking back to mission • Look at activities, outputs, outcomes and how to collect information

Main changes with the process… 4 Nuts and bolts… Use lots of different methods/tools within the social accounting reporting framework… For example… • SROI Calculation… • LM 3… • Environmental info…. • Investors in people… • Checklists… • Evaluation tools…

Main changes with the process… 5 Reporting…(difference in depth of reporting) • Basic level – the minimum required… • Advanced level – the full monty… Guidelines on this…

Main changes with the process… 6 Social Audit… Standard Social Audit Standard Plus Social Audited Self-verification Self audit

Finally… Questions? Exercise: In group use the worksheet to discuss the new Guide and make suggestions and comments