Define the term social responsibility accounting


Assignment

Case

Potentials of Applying Social Responsibility Accounting in the Banking Sector in Lebanon: An Empirical Study (Hasan El-Mousawi & Hussein Trabulsi, 2019)

Universal interest in organizations' role and their impact on society and rising prospects of investors, consumers, employees and local communities about the importance of this role and its impact on society, which made many governments, non-governmental organizations and local communities seek more transparency and accountability; provided that it is not limited to daily operations of organizations of any nature, but it should include the extent of impact those operations have on society. This research aimed at shedding light on the concept and importance of social responsibility accounting and determining the extent of applying it in Lebanese banks in order to deal with the deficiency in outputs of the accounting system, which is reflected in financial statements, by including information about social responsibilities and revealing the impact of disclosing it in financial statements. The research yielded some important findings, mainly that managements of banks in Lebanon are aware of the concept of social responsibility; however, managements of banks in Lebanon do not develop relations with the local community except in certain domains.

Task I

Define the term ‘Social Responsibility Accounting' (SRA) and briefly explain the benefits of SRA pertaining to the banking sector in Lebanon. (Word count: 300-400).

Task II

As per the research paper there are FOUR research problems/hypotheses/domains. Select one/two domain/s and discuss the statistical data analysis/findings for SRA. (Word count: 300-400/per domain).

Format your assignment according to the give formatting requirements:

1. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.

2. The response also includes a cover page containing the title of the assignment, the course title, the student's name, and the date. The cover page is not included in the required page length.

3. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.

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