Framework for the Social Audit Standards
Introduction
- This Framework defines and describes the elements and objectives of a social audit performed by social auditors. It provides a frame of reference for:
(a) Social auditors when performing social audit i.e., social impact assessment of project/ program executed by social enterprises.
(b) The responsible party, the engaging party, if any, and other stakeholders who are the intended users of social audit report.
This Framework does not itself establish standards or provide specific requirements for the performance of area specific social audit engagements relating to specific thematic areas within social objectives such as Poverty, Climate Change, Health etc. Social audit standards (SASs)1 contain essential procedures and related guidance/ criteria, consistent with the concepts in this Framework, for the performance of such areaspecific social audit engagements. The respective social audit standards may be referred for the area specific social indicators.
For meaning of terms used in this Framework, please refer the Glossary of Terms.
Applicability of the Framework
This Framework will be applicable from the date of its hosting on ICAI website. This Framework will be mandatory in nature.
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