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, 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, 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, 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

  • Branch — (spr. Bräntsch), Grafschaft im südlichen Theile des Staates Michigan in den Vereinigten Staaten von NAmerika, an Indiana grenzend, 24 QM. groß, Boden fruchtbar, viel Wald, Eisenerz; von der Southern Eisenbahn durchschnitten; 1833 organisirt;… …   Pierer's Universal-Lexikon

  • Branch — A branch (American English IPAEng|ˈbræntʃ, British English IPAEng|ˈbrɑːntʃ) or tree branch (sometimes referred to in botany as a ramus) is a woody structural member connected to but not part of the central trunk of a tree (or sometimes a shrub).… …   Wikipedia

  • Branch —  Pour l’article homophone, voir Branche. Cette page d’homonymie répertorie les différents sujets et articles partageant un même nom. Branch peut désigner : Sommaire …   Wikipédia en Français

  • branch — branchless, adj. branchlike, adj. /branch, brahnch/, n. 1. a division or subdivision of the stem or axis of a tree, shrub, or other plant. 2. a limb, offshoot, or ramification of any main stem: the branches of a deer s antlers. 3. any member or… …   Universalium

  • branch — 1. noun /bɹæntʃ/ a) The woody part of a tree arising from the trunk and usually dividing Our main branch is downtown, and we have branches in all major suburbs. b) Something that divides like the branch of a tree See Also: branch banking …   Wiktionary

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