Giving back is a hallmark of the accounting profession, both on the individual and the firm level, but few accountants have thought their charitable and community activities through to the degree that Williston, Vt.-based CPA firm Davis & Hodgdon has — and even fewer have taken the next step and created a formal policy to maximize their results.

Since mid-2014, the 27-person firm has had an official corporate social responsibility policy in place to structure how it integrates economic, social and environmental considerations into its day-to-day operations and its overall business strategy — and to let staff, clients and the community at large know what its priorities are. The CSR policy also gives the firm an extra set of ways to measure its success beyond just financial results.

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