In the presented article the audit procedure and its implementation is observed. The point is effective for the modern principle of Companies management. Have to be said that for the local communities and enterprises are important to implement the latest vision of social audit using for effective corporative management. The scientist attitudes to combine practical and theoretical points are vital for the business development within communities. In Ukraine there is important fact for social audit implementation. This can be accepted as a key element of European social policy adaptation of the local business activity. Mutual responsibility of a person from one side and a business from another side can be a base for local community development. These points were developed by number of scientists and could find a way to be used in Ukraine. All that points are being under survey in the presented article.