An Analytical Exercise on Social Accounting -Bansladesh Praxis

Abstract

This paper is an endeavor to show in brief the historical Perspective of Social Accounting. It also presents that the Very purpose of development organizations is to achieve their social, economic and community benefit. And financial sustainability is essential to achieve that benefit. The organization and its stakeholders need to know if its objectives are being met, if it is living up to its values and to ensure that those objectives and mlues remain relearnt and appropriate. The paper has explained the meaning of Social Accounting as well as the need for it. This study emphasizes that Social Accounting enables us to improve the Accountability dimension of any development organization. The paper has also investigated what happens in Bangladesh in this regard. It referred to Input-Output analysis and Social Accounting Matrix (SAM) while addressing Social Accounting. in the end, it has suggested Expanded Value-Added Statement (EV AS) for application in order to take care of Social Accounting in Bangladesh.