This book is a joint publication by NISM & ICAI on various aspects of Social Stock Exchange and Social Auditing. It covers a wide range of topics related to the following:

• Social Sector Organisations
• Enterprises and Interventions
• Social Audit
• Social Audit Techniques
• Social Audit Standards
• Social Impact Assessment and Reporting

It will be beneficial to all those who want to have a better understanding of Social Auditing. Also, this exam must be cleared mandatorily to practice as a social auditor.

The Present Publication is the December 2022 workbook version, published exclusively by Taxmann for NISM Certification Examination XXIII [Social Auditors]. The noteworthy features of this book are as follows:

• [Know the Basics] of social auditing, code of conduct of social auditors
• [Understand] the general concepts related to the following:
  • Social Stock Exchange
  • Social Audit
  • Social Impact Assessment
• [Case Studies on Social Impact Assessment] which include the following:
  • Case Study on Draft Social Audit Standard (SAS) 500
  • Case Study on Draft Social Audit Standard (SAS) 200
  • Case Study on Draft Social Audit Standard (SAS) 400
  • Case Study on Draft Social Audit Standard (SAS) 1300
  • Case study on Affordable Housing on Draft Social Audit Standard (SAS) 1100
• [Know the Social Impact Reporting] disclosures and regulations

The detailed contents of the book are as follows:

• Introduction to Social Sector and Indian Financial Markets
  • Social Sector in India
  • Indian Financial Markets
• Introduction to Trading, Clearing, Settlement and Risk Management on Stock Exchanges
• Social Stock Exchanges – Introduction, Funding Structures and Instruments
• Registration and Listing on Social Stock Exchanges
• Social Audit and Social Auditors
• Social Audit Standard Framework
• Social Impact Assessment
• Social Impact Assessment – Case Studies
• Disclosure Norms, Reporting Requirements by Social Auditors and Penalties
• Taxation
• Key Regulations

About NISM Certifications:

NISM is a leading provider of high-end professional education, certifications, training and research in financial markets. NISM Certification programs aim to enhance the quality and standards of professionals employees in various segments of financial services sector. NISM’s School of Certification of Intermediaries (SCI) develops and conducts certification examinations and Continuous Professional Education (CPE) programs that aim to ensure that professional meet the defined minimum common knowledge benchmark for various critical market functions like:

• Mutual Funds
• Equities
• Derivatives
• Securities Operations
• Compliance
• Research Analysis
• Investment Advice

These Certifications and CPE Programs are being developed and administered by NISM as mandated under ‘Securities and Exchange Board of India (Certification of Associated Persons in the Securities Market) Regulations, 2007’. The Certifications creates quality market professionals and catalyzes greater investor participating in the markets. Certifications also provides structured career paths to students and job aspirants in the securities market.