Social accounting and its effect on the corporate business model

Abstract

The background shows the positive evaluation in terms of social account, in terms of sustainable development in the economic, social and financial field, where aspects such as; the cost of labor, knowledge management, intellectual capital and environmental working conditions, adequate management of social and environmental accounting; with respect to economic profitability and added economic value. Other no less important jobs involve strategic management and the use of technology and robotics as tools for efficiency and productivity in processes. However, the current seed of interest seeks to determine the effect of Social Accounting on the corporate Business Model. through a qualitative analysis during the period 2019-2024. For this, the PICOT methodology was used under the following criteria: preparatory phase through the use of the Google Scholar, Dialnet, Scopus, Ryalnet and Scielo databases. Inclusion and exclusion criteria for articles related to Social Accounting, written in English or Spanish and published during the aforementioned period. The comparison level shows the relationship or qualification between variables or their effect on economic, productivity or efficiency results, and then show these results as an effect on the business models. In its application, 71 of 400 articles are selected that show the following findings: omission of non-monetized sections and reports in international standards, IFRS, use of the green economy and circular economy in the reuse of waste as raw material and, adoption of intelligence artificial and robotics as an improvement in business competitiveness. These findings have not been adopted on a massive scale by companies, even though they probably strengthen relationships with their consumers in terms of image, business reputation and income; due to the lack of formulas and mechanisms that demonstrate the benefit with respect to the amount invested.