Corporate or company promoters are the people who establish or start a company.
Promoters generate the idea and discover business opportunities.
They make detailed investigations about the feasibility (possibility) of the business, financial sources and competitors.
They prepare necessary documents like the memorandum of Association, the Articles of Association and the prospectus for the incorporation of the company.
The promoters may be anybody such as an entrepreneur, a professional promoter, government and financial institutions.
The main functions of promoters are as follows:
To develop the idea of starting a business.
To investigate and verify the feasibility of the business.
To select the name and the site of the business.
To determine the objectives of the business.
To prepare necessary documents for its registration.
To make the plan of financial sources.
To issue shares and debentures etc.
#####
Click on link for YouTube videos
SHARE (ACCOUNTING FOR SHARE) http://tiny.cc/889jkz
SHARE IN Nepali http://tiny.cc/k99jkz
DEBENTURES http://tiny.cc/yeakkz
FINAL ACCOUNT: CLASS 12 http://tiny.cc/e89jkz
FINAL ACCOUNT IN NEPALI http://tiny.cc/w89jkz
WORK SHEET http://tiny.cc/579jkz
RATIO ANALYSIS (ACCOUNTING RATIO) http://tiny.cc/4fakkz
FUND FLOW STATEMENT http://tiny.cc/wiakkz
CASH FLOW STATEMENT http://tiny.cc/8gakkz
THEORY ACCOUNTING XII http://tiny.cc/nfakkz
THEORY: COST ACCOUNTING http://tiny.cc/tfakkz
COST ACCOUNTING http://tiny.cc/p29jkz
LIFO−FIFO http://tiny.cc/dgakkz
COST SHEET, UNIT COSTING http://tiny.cc/w49jkz
COST RECONCILIATION STATEMENT http://tiny.cc/829jkz
###########
Thank you for investing your time.
Please comment on article.
You can help me by sharing this article at your social media platform.
Jay Google, Jay YouTube, Jay Social Media
जय गूगल, जय युट्युब, जय सोशल मीडिया