Measuring Impact: The Power of Social Auditing
May 16, 2023 | Canada
As a community that holds service in high regard, many of us may often find ourselves asking: how do programmes and services improve the quality of life of those who they’re meant to help?
This is the principal question behind social auditing, which is one of the primary functions of the Grants and Review Boards (GRBs).
The GRB is an independent Jamati Institution established in the Ismaili Constitution with the objective to:
- evaluate budgeted expenditures against stated objectives and strategies;
- ensure the proper application of resources and compliance with systems and procedures; and
- monitor the disbursement of funds and carry out periodic financial, management and social audits.