Social Audit is supplement to the conventional audit. It is relevant both in Private Sector as well as Government Sector, although it is more urgent in Government Sector, where funds are drawn from the state exchequer i.e. public money. This audit offers a lot of promising benefits such as building up good relations with people including cordial industrial relations and employment in general, product relations, environmental relations and, above all, it contributes to national economic growth through expansion and employment generation. This paper is a modest attempt to explore different aspects of social audit in India.