International Journal of Academic Management Science Research (IJAMSR)   Year: 2019 | Volume: 3 | Issue: 6 | Page No.: 13-26 Corporate Social Responsibility Accounting Of Banks and Insurance Companies in Nigeria (2007-2016) EHIOGHIREN, Efe Efosa. PhD, ENEH, Onyinye Abstract: The study examines corporate social responsibility accounting of bank and insurance companies in Nigeria. The research design adopted for the study is expo factor research design. The population of the study consists of all the 16 banks and 40 companies quoted in the Nigeria Stock Exchange as at December 2018. The research design adopted for the study is expo facto research design. A sample of 11 banks and insurances companies each was selected base on their size from the population of the bank and insurance companies. Data for the study were obtained from annual reports for the period of ten (10) years ranging from 2007 to 2016. Independent sample test was used to compare the social responsibility expenditure of insurance companies with those of banks. It was established that there was significant difference in the social responsibility expenditure of banks and insurance companies in Nigeria. The implication of the finding could be linked to lack of legal prescriptions and ignorance of the benefits of social accounting and reporting. The study recommends among other that management should be proactive and that FRC should come up with clearly defined regulatory frame work on how to go about social responsibility issues in Nigeria and should ensure its full implementations. The study concluded that insurance companies have existence of corporate social responsibility policy; varied nature of social responsibility activities which translated into the different ranges of coverage of social report, approach to corporate social accounting, areas of social initiative, furthermore none of the insurance companies stated their approaches to measurement of social contribution.