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Showing posts from November, 2016

Advertisement is not important for marketing !

According to the critics, advertising has the following disadvantages: (1) Adds to Costs: An organisation has to spend large amount on advertising. It increases the cost of the products. To meet this expenditure, price of the product is raised. No manufacturer pays for the advertising expenses out of his pocket. Advertising, therefore, leads to unnecessary rise in prices. In this reference it is said that advertising costs are passed on to the consumers in the form of high prices. (2) Undermines Social Values: Advertisement is a sort of day-dreaming for the people. These days it is taking the people away from reality and into the realm of artificiality. Through its medium people get information about new products. Only very few products are of any use for them. The brilliance of new products really gets on their nerves. They want to buy them but have no resources at their command. Consequently, they start feeling upset with their present status. Taking it as a social evil, it can b...

Prisma Skill :-P

Shaunit Nishant Shaunit Nishant

Love Isn't Complicated, Peoples Are !

Shaunit Nishant

I Love Seeing Your Name in My Notifications

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Company Auditor, his Rights, Duties and Liabilities

  An auditor is an official whose job it is to carefully check the accuracy of business records. An auditor might be either an internal auditor, external auditor or independent auditor for accounting firms in the public or private sector. Who can be appointed as an Auditor? Only a qualified Chartered Accountant within the meaning of the Chartered Accountants Act, 1949 can be appointed as an auditor. However, the following points should also be considered for the appointment of auditor. 1. If the Chartered Accountant is holding a Certificate of Practice, and practicing in his individual capacity, he may be appointed as an auditor only as an individual. 2. If the Chartered Accountant is holding a Certificate of Practice and is a partner of a firm of chartered accountants, the firm may be appointed as auditor. Any partner of the firm may perform his duties in the name of the Firm. 3. If any person is holding a certificate authorizing him to act as an auditor, even th...