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Business promotion

This query is : Resolved 

03 May 2008 What are the factors which should be kept in mind while auditing items under BUSINESS PROMOTION head? Does credit card payment can be a part of it?

03 May 2008 personal exp should not be debited to this head- keep this in consideration.

05 May 2008
generally hotel bills and purchase bill i.e gift item are included in credit card payment which can be in the nature of business promotion.however personal expenses of directors shall not be allowed as business promotion

06 May 2008 Sometimes Business Promotion Exp. are reimbursed to the company by its supplier thus it needs to be properly vouched.


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