Wall Street Accounting - Frederick Simson Todman - Bog

Wall Street Accounting: A Description Of The Business Of Brokerage, Its Accounting Records And Procedure (1921) is a detailed guide to the accounting practices used by brokerage firms on Wall Street during the early 20th century. Written by Frederick Simson Todman, a certified public accountant and former auditor for several Wall Street firms, the book provides an in-depth look at the various financial transactions and reporting requirements that brokerage firms must adhere to. The book is divided into several sections, each of which covers a different aspect of brokerage accounting. The first section provides an overview of the brokerage business, including the different types of securities traded and the various roles played by brokers, dealers, and customers. The second section focuses on the accounting records used by brokerage firms, including the general ledger, subsidiary ledgers, and various journals. The third section covers the procedures used to record and report financial transactions, including the handling of customer accounts, the settlement of trades, and the preparation of financial statements. The fourth section provides a detailed explanation of the various accounting standards and regulations that apply to brokerage firms, including the rules set forth by the New York Stock Exchange and the Securities and Exchange Commission. Overall, Wall Street Accounting is a comprehensive guide to the accounting practices used by brokerage firms on Wall Street during the early 20th century. While some of the information may be outdated, the book provides a valuable historical perspective on the evolution of accounting practices in the financial industry.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.