ACCOUNTING FOR DEPENDENT BRANCH
As businesses grow and start to have branches elsewhere, business transactions become more and more complex. Therefore, financial records must be carefully recorded. Financial officers should plan on making business accounting records able to give a true and fair business financial performance and position to users. There are two ways to record branch finances which are either recorded by the head office finance officer solely or recorded by the branch itself and then combined with the head office record. This e-book discusses the first method. The second method will be touched on in the next publication.