Social_Audit

SROI is a framework for evaluating a programme or service, to decide whether the resources about be invested (or already invested) are justified. It is mainly used in situations which deliver a social or community benefit - where it has been difficult to justify investing money because the returns aren't shown in financial terms. For example, in a for-profit business, you buy a new machine for your production line because it saves you more in the long term than it costs to buy and maintain. This means you can directly compare the cost with the return and decide whether to invest.