Social Enterprises and Management Accounting: A Colombian Perspective

Abstract

This study investigates the role of management accounting in social enterprises in Colombia, focusing on how accounting practices support social missions. The research employs a qualitative methodology, conducting interviews with social entrepreneurs and accountants. Findings indicate that while traditional accounting practices are prevalent, there is a growing need for tailored accounting methods that reflect the unique challenges of social enterprises. The study highlights the importance of impact measurement and stakeholder engagement in management accounting practices. It proposes a framework for integrating social impact metrics into accounting systems, enabling social enterprises to better communicate their value to stakeholders. This research contributes to the literature on social entrepreneurship and management accounting.