What Is Branch Accounting?

Bank accounting institutions refer to the functional departments that organize and lead internal banks and are directly engaged in accounting work. The establishment of bank accounting agencies is: the People's Bank of China and the head banks of various professional banks have an accounting department (or accounting department), provincial and municipal branches have accounting offices, city branches and prefecture-level branches have accounting offices (or branches), and counties ( City) sub-branches, city offices, and branch offices have sections (or units), and are staffed with full-time accountants and accountants appropriate to the business volume. ^[1]