|
ANNEXURE (3) |
FORM OF PUBLISHERS CONFIRMATION TO THE BUREAU
(to be sent on publisher.s letter-head)
|
For Daily & Weekly Newspapers | | Date: | |
The Secretary General,
Audit Bureau of Circulations,
Wakefield House, 4th Floor,
Sprott Road,
Ballard Estate,
MUMBAI 400 001
Dear Sir,
|
Re: Membership - Audit Procedure
__________________________
(Name of Publication/s)
|
After consulting our circulation auditor, we hereby confirm that we are in a position to comply with all requirements relating to maintenance of essential books and records inter-alia covering the following audit procedures:
- Average daily paid sales in respect of the above mentioned publication works out to more than 50% of the total daily sales.
- Minimum an maximum commission and allowances paid to the trade works out to
average …………. % and ………………..% respectively on the cover price.
- Cash payments or payments received by way of demand drafts from agents are duly supported by proper documentary evidence such as payment advices, correspondence or statement of account.
- Advance written indents/orders from agents in support of copies supplied to them are obtained. Wherever advance indents are not available, subsequent confirmation of supplies made to agents and/or monthly statements from the agents showing number of copies received and sold to them and those remaining unsold are available.
- Cash receipts on account of sale of newspapers and from ALL other sources including advertisements and loans etc. is deposited with the bank intact on the following day except on a bank holiday. In such cases, these are deposited on the next working day.
We have appointed M/s._________________________________________________
_____________________________________________________________________ (Name & Address of the approved auditors) who are Bureau's Approved Auditors as Auditors to carry out audit of circulation figures of our above publication/s.
Thanking you,
Yours faithfully,
|
Authorised Signatory
(Name and Designation)
|
|
|