Social Accounting & Stakeholder Engagement – It’s Good to Talk!

Social Accounting & Stakeholder Engagement – It’s Good to Talk!

Kamran Riaz is a Trustee at Signpost Stockport for Carers Here he shares with us some of his thoughts about using some of the social accounting tools…..

I am a trustee at a Stockport-based charity and we are looking at how social accounting can be used to help us define the kind of organisation we are now and want to become in the future. So far, this experience has been rewarding and at times overwhelming too, especially at the beginning, because you’re not sure about how to approach this challenging journey. But, whatever route you decide to take, there is one key thing to remember – engage with your stakeholders. This is one of the most important things I have learnt by attending Give2Gain’s Accounting for Social Good Network.

The idea is to listen to different views and to reach a consensus so that your key messages – in relation to your vision, mission, objectives, values and activities (VMOVA) – will be clearer and more connected, and that will reflect through your everyday work, your policies, plans and funding applications. Sounds pretty simple right?  Of course, nothing of any true value comes that easy. So be prepared to think things through – the learning curve on the social accounting journey can be quite steep, but, the benefits are clear to see once you bring people on board and engage with them.

A good place to start is to ask yourself what you want to achieve through this process and why? For example, our charity wants to demonstrate that we are placing stakeholders at the heart of our plans and that we are being accountable to those people that we help.

By involving stakeholders in this way we can:

  • Implement a joined-approach to strategic planning and governance, so that everyone is working together towards meeting shared organisational goals.
  • Validate our approach with our service users by giving them an opportunity to identify the matters that affect them the most, and a chance to come up with potential solutions.

Once you make a start, keep up the momentum, make the process your own and continually engage with your stakeholders – as they say, it’s good to talk!

Want to know more about Signpost Stockport for Carers? Please visit

Getting Started!

Getting Started!

Margaret Powell is the Chair of the Board of Trustees at In her Blog, she describes some of her journey of getting started with social accounting…..                                                         

I can’t remember the date I first heard the term “Social Accounting” but I do remember thinking “what on earth am I getting myself into”.  At first, like a lot of people, I thought, how can I manage to find the time, I am so busy, but realised that the first step is to think big but start small.  I have done a lot of thinking, overwhelming going around and around in my mind. I admit that it has taken me a fair while to become used to the terminology used but slowly it has become clearer.

I now believe that Social Accounting is the way forward, it will be a huge asset to a very small charity run entirely by a handful of volunteers. The word Transparency has become, in itself, clear and probably one of the important tools that are necessary for success along with Stakeholders. I realised that I don’t, and should not, do this all on my own, firstly taking small sections, all of the stakeholders, everyone connected to the charity, should be involved.

By going though and following the steps, slowly but surely, I have made small progress by reaching out to a small group of volunteers, asking three questions about the charity, Who are we, What do we do and Why do we do it.  I don’t know what will happen or what the response will be, but that is part of the excitement of the process.  All information is welcome for transparency, what is needed is careful reasoning minds in dealing with the good and bad in some sort of way. 

All this work and information will lead eventually to a solid foundation on which the charity can build our future which will sustain us in the hard times to come.

Want to know more about Mellor Country House? Please visit

Start ups and Impact reporting

Start ups and Impact reporting

We often get asked by people, who are thinking about setting up a business, when they should start thinking about social, environment and economic impact reporting.

We always say that it is never too early to plan for impact reporting. Many start up businesses assume that there will have no impact to report. We remind them their business will have some impact on people and places, no matter where they are and what they do. 

For example, you may be thinking of employing local people. Your employees may spend some of their earnings locally. Already your business could be having an impact on your local economy. Then there are the environmental impacts of recycling and other green approaches, in your business. Maybe you have a plan to reduce the use of plastic and paper. Now the impacts are adding up! You may be happy to give time to a local group, do other regular or one-off volunteering, or be encouraging your employees to do some volunteering. Giving time, in this way, even an hour, will make an impact on some local people and places.

It may also matter to your customers that you are having a positive impact on your local community. It is well documented that we are increasingly making ethical choices about how and where to spend our money. Being able to reach out to those people who want to understand your ethical business choices can be done by sharing your business values and impacts.

So yes, we think it is important to start to introduce strategies for impact reporting, in your business planning, as soon as you can.

Why not get in touch to find out more.