branch


branch
An operational or administrative unit of an organization. Many *multi-national corporations have branches around the world, and *control over remote operating units of this nature present particular challenges to auditors. Organizational *risks are magnified for branches separated from their head offices by (i) large geographical distances, (ii) cultural dissonance, (iii) linguistic differences, (iv) variations in local laws, regulations, and taxation, (v) differences in *Generally Accepted Accounting Principles, and (vi) differences in *Generally Accepted Auditing Standards. The degree of *decentralization and the level of autonomy granted to the managers of individual branches can also complicate an organization’s *internal control environment. Control over branches is sometimes effected by the supervisory role of *divisional groups. Further reading: O’Regan (2003a)

Auditor's dictionary. 2014.

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  • Branch — ist der Name folgender Personen: Ben Branch (1924–1987), US amerikanischer Unternehmer, Tenor Saxophonist und Bandleader Billy Branch (* 1951), US amerikanischer Mundharmonika Spieler Cliff Branch (* 1948), US amerikanischer Footballspieler Craig …   Deutsch Wikipedia

  • branch — branch; branch·less; branch·let; ca·du·ci·branch; di·branch; dis·branch; em·branch·ment; fo·lio·branch; hemi·branch; hol·o·branch; in·ter·branch; mal·e·branch·ism; mal·e·branch·ist; mar·si·po·branch; pe·ren·ni·branch; pleu·ro·branch; podo·branch; …   English syllables

  • Branch — Branch, n.; pl. {Branches}. [OE. braunche, F. branche, fr. LL. branca claw of a bird or beast of prey; cf. Armor. brank branch, bough.] 1. (Bot.) A shoot or secondary stem growing from the main stem, or from a principal limb or bough of a tree or …   The Collaborative International Dictionary of English

  • Branch — Saltar a navegación, búsqueda Branch, que en inglés significa rama, puede hacer referencia a: Lugares En Canadá: La localidad de Branch, en la provincia de Terranova y Labrador. En Estados Unidos: La localidad de Branch, en el estado de Arkansas …   Wikipedia Español

  • branch — [branch, bränch] n. [ME branche < OFr brance < LL branca, a claw, paw] 1. any woody extension growing from the trunk or main stem, or from a main limb, of a tree or shrub 2. anything physically resembling a branch, as a tine of a deer s… …   English World dictionary

  • branch — n: a part of a complex body: as a: one of the three main divisions of the U.S. or a state government see also executive, judiciary, legislature b: a division of a business or or …   Law dictionary

  • Branch — Branch, a. Diverging from, or tributary to, a main stock, line, way, theme, etc.; as, a branch vein; a branch road or line; a branch topic; a branch store. [1913 Webster] …   The Collaborative International Dictionary of English

  • Branch — Branch, v. i. [imp. & p. p. {Branched}; p. pr. & vb. n. {Branching}.] 1. To shoot or spread in branches; to separate into branches; to ramify. [1913 Webster] 2. To divide into separate parts or subdivision. [1913 Webster] {To branch off}, to form …   The Collaborative International Dictionary of English

  • Branch — Branch, AR U.S. city in Arkansas Population (2000): 357 Housing Units (2000): 155 Land area (2000): 3.565727 sq. miles (9.235191 sq. km) Water area (2000): 0.001730 sq. miles (0.004480 sq. km) Total area (2000): 3.567457 sq. miles (9.239671 sq.… …   StarDict's U.S. Gazetteer Places

  • Branch, AR — U.S. city in Arkansas Population (2000): 357 Housing Units (2000): 155 Land area (2000): 3.565727 sq. miles (9.235191 sq. km) Water area (2000): 0.001730 sq. miles (0.004480 sq. km) Total area (2000): 3.567457 sq. miles (9.239671 sq. km) FIPS… …   StarDict's U.S. Gazetteer Places

  • Branch — Branch, v. t. 1. To divide as into branches; to make subordinate division in. [1913 Webster] 2. To adorn with needlework representing branches, flowers, or twigs. [1913 Webster] The train whereof loose far behind her strayed, Branched with gold… …   The Collaborative International Dictionary of English


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