Describe the meaning, objectives, role, and significance of Social Audit. 

Social Audit: Meaning, Objectives, Role, and Significance

Meaning of Social Audit: Social audit is a process of assessing and evaluating the social, environmental, and ethical impact of an organization, project, program, or policy. It involves a systematic review of activities to determine whether they align with the stated goals and commitments in terms of social welfare, sustainability, and community well-being. Unlike traditional financial audits, social audits focus on non-financial aspects, emphasizing transparency, accountability, and stakeholder engagement.

Objectives of Social Audit:

1. Transparency and Accountability: Social audits aim to promote transparency in the functioning of organizations and projects. They ensure that information is disclosed to stakeholders about the impact of actions and decisions, enabling greater accountability for outcomes.

2. Assessment of Impact: The primary goal of social audits is to assess the actual impact of projects or policies on the target beneficiaries and communities. This helps in determining whether the intended objectives are being met and whether there are unintended negative consequences.

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