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There is a chance of mismanagement of resources at the branch if there is no strong supervision from headoffice.
It is expensive to operate since the firm will have to incur extra cost in acquiring fixed asset for branches, pay remuneration of employees at the branch and pay for other expenses.
It slows down decision making process of multiples of authority.
Anonymous
Emmanuel Mwansa
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What are advantages and disadvantages of branch accounting?
advantages of branch accounting
What are disadvantages of forensic accounting?
what are some disadvantages of being in forensic accounting
What are the methods of Accounting for Branch?
branch accounting income statement
What are types of branch accounting?
Dependent Branch Independent Branch Foreign Branch
Advantages and disadvantages of cost accounting?
cost accounting advantage & disadvantage
What are advantages and disadvantages of branch accounting?
advantages of branch accounting
What are disadvantages of forensic accounting?
what are some disadvantages of being in forensic accounting
What are the methods of Accounting for Branch?
branch accounting income statement
Is accounting a branch of science?
Although it uses some mathematics, accounting is a branch of economics.
What are types of branch accounting?
Dependent Branch Independent Branch Foreign Branch
Advantages and disadvantages of cost accounting?
cost accounting advantage & disadvantage
What is inflationary accounting?
The branch of accounting which deals with the transactions of inflation.
What are the Disadvantages of throughput accounting?
The disadvantages of throughput accounting is that it is very costly. The system might require the retraining of the staff which is a costly exercise.
What are the advantages and disadvantages of journal entries in accounting?
what is the disadvantages of general journal
What are the methods of branch account?
branch accounting income statement
What are objectives of accounting?
1.Ascertainment of operating result: Branch accounting is ascertain operating result of each Branch. 2.Ascertainment of financial position: Branch accounting is required for periodical ascertainment of financial position(i.e. position of assets and liabilities) of each branch. 3.Fulfillment of legal requirements: Branch accounting is needed to fulfill the requirement of the Companies Act in respect of Branch Audit as per Section 228. 4.Ascertainment of return on investment: Branch accounting helps in ascertain of return on investment of each Branch. 5.Causes of success or failure: Branch accounting provides information about Branch functioning in detail and thus helps Head Office to arrive for the reason of success or failure of a each Branch.
What is positive accounting theories?
Positive Accounting Theory is a branch of academic accounting research. It tries to predict and explain actual accounting practices. It is used to understand how to use accounting practices better.
