Social accounting

Social Accounting

What is Social Accounting?

Social Accounting is a way of measuring the complete impact of an organisation, enabling it to measure its value in social, economic and environmental terms. Social audit panels independently verify the information presented in social accounts in much the same way that financial auditing provides an independent assessment of financial accounts.

Why produce Social Accounts?

It is becoming increasingly important for recycling organisations tendering for Local Authority contracts to be able to show the social benefits of their activities. Pilot schemes such as this (below) only serve to support this viewpoint.

Local Authorities Pilot Scheme

Social Accounting is recognised by the Welsh Assembly Government in the current Social Enterprise Strategy as a means of measuring and proving the impact of the great work done by Social Enterprises:

Social Enterprise Strategy

And with environmental concerns high on the agenda, it is becoming essential for organisations of any kind to be able to prove that they're doing all they can to reduce their environmental impact.

Cylch’s Social Accounting Support Services

Interested in measuring added value?
Want to know what your stakeholders really think of your services?
Want to improve your organisation & calculate triple bottom line accounting?

If the answer to these questions is ‘yes’ then Cylch’s Social Accounting Support Services could be for you!

Tailored support services are available at good value including:

Taster sessions
Step by step training & support
Workshops
Master-classes
Chairing Panels

What others have said about our services:

‘Cylch has been very supportive throughout the whole process, commenting on our plans and questionnaires, putting us in touch with other similar organisations that have produced Social Accounts and arranging for an approved Social Auditor to chair our Social Audit Panel.’ – Antur Waunfawr

‘Huge thanks to Cylch for all their help throughout the process. It has been helpful to go through the process with others.’ – Environment Centre

The Cylch Team

Phil Marks

Karin Crimmins

Henry Widdicombe

Rose Jennings

For more information see our team page

‘Measuring Impact’ – Social Accounting Taster Days

The 'Triple bottom line' framework of Social Accounting can be adapted to create a comprehensive account of any organisation's social, environmental and economic impact.

Cylch firmly believe that this is a valuable tool for any organisation, and would like to support organisations across Wales in implementing these procedures.

Cylch, in conjunction with DTA Wales and The UK Social Audit Network (SAN), have held two one-day Social Accounting tasters on 22nd February and 3rd March, with the aim of providing a detailed overview of Social Accounting. Presentation topics included:

The three-step process of Social Accounting
Case studies by organisations who had produced Social Accounts
First steps in producing your organisation's own Social Accounts

Guest speakers at the South Wales event were:

Mo Green – The MOre Green recycling project
Gareth Evans – The Swansea Environment Centre
Peter Williams –Development Trust Association Wales

Guest speakers at the North Wales event were:

Calvin Davies – Antur Waunfawr
Amanda Evans and Tim Hodkinson – Dee Valley Community Partnership
John Turner – Co-Options

Presentations from the Taster Days can be downloaded here:

Cylch's Introduction: What is Social Accounting?

Peter Williams, DTA Wales

Case Study: Gareth Evans, The Environment Centre, Swansea

If you would like further information on these past events, then please contact Rose Jennings

Upcoming training and events across Wales

More Training and events will be announced soon

Page last updated: 09th March 2008