AUDIT
Conduct independent social audit which helps to assess whether program objectives are being met, ability of NGO to enhance scale of operation and beneficiaries impacted.In our social audit, we help to answer questions such as- Who are the beneficiaries of the social investment made, how are they benefited etc. There are various tools and methodologies for understanding the social, environmental and economic value that programs generate.
Our Audit Includes:
Company’s social investment strategy and objectives;
Discussion of the intended benefits of the social programs so that readers understand the social change that companies aim to achieve through their investments;
Discussion of KPIs and metrics for measuring performance;
Baseline from which progress on outcomes and impacts are measured;
Disclosure of measurement methodology, boundaries and assumptions associated with measuring outcomes and impacts;
The methodology adopted would depend upon
The nature of the project and its life stage
Social audit encompasses a range of approaches, from a basic articulation of goals, to the most sophisticated measurement of a Social Return on Investment (SROI), the social value created per rupee spent. But other measures are also helpful in explaining the aims and benefits of a social venture – such as cost per output (job created, life improved, carbon emissions obviated etc.).
Clarity about what one wants to measure (and why)
The process of audit helps companies to think about what they need to measure, why it is important and how they could do it. The audit process should help an organization to think through what its objectives are, how they’ll know when they’ve been achieved and what will change as a result (and for whom), if they are successful.
Report
Communicating progress to stakeholders including inputs, outputs, outcomes and impacts. Using a combination of quantitative and qualitative information to tell the story. Our reporting includes:
Communicating progress to stakeholders including inputs, outputs, outcomes and impacts. Using a combination of quantitative and qualitative information to tell the story. Our reporting includes:
Being transparent about areas for improvement.
Verifying data of reported information.