Social accounting is a fairly broad topic. According to Estes, stakeholder accounting might be a better term for the concept because it involves the interests of employees, customers, suppliers, financial investors, neighboring communities and society at large. 

Social accounting includes pollution and environmental issues as one might expect, but many other issues as well. Some of these issues include:
    unsafe products and work places, 
    cost padding and fraud in defense contracting, 
    corporate bulling of communities, 
    racism, equal opportunity for and the exploitation of women and other groups.

Although accounting has generally ignored non-stockholder stakeholders, many organizations produce reports about corporations. I have included a few of these groups in MAAW's Social Accounting links section. According to Estes, the movement toward a new social accounting is needed and underway, but few accountants are involved. However, accountants have the potential to lead the way and create a new accounting for stakeholders. The accounting profession can rise to its potential and make a real contribution to society, or sink into irrelevancy.

See Velynda Wickerson's summary of this article.

	Web maaw.info