Handbook of Stocker Brokerage Accounting.New handbook tells it like it is inside the brokerage house If you're baffled by your brokerage account Brokerage Account An arrangement between an investor and a licensed brokerage firm that allows the investor to deposit funds with the firm and place investment orders through the brokerage, which then carries out the transactions on the investor's behalf. statement or find yourself confused by your broker's explanations, a new book, Handbook of Stock Brokerage Accounting, may be just the thing you need. Published by Simon & Schuster Simon & Schuster U.S. publishing company. It was founded in 1924 by Richard L. Simon (1899–1960) and M. Lincoln Schuster (1897–1970), whose initial project, the original crossword-puzzle book, was a best-seller. and available at all major bookstores, the author, Richard Ross, is a vice president in the audit department of Lehman Brothers. "If you're on the telephone with your broker and he or she is giving you some convoluted explanation of why you didn't get your dividend check," Ross explains, "you can turn to the section that deals with how orders are processed and find out if what he's telling you is the truth or if he's giving you the runaround run·a·round n. 1. Informal Deception, usually in the form of evasive excuses. 2. Printing Type set in a column narrower than the body of the text, as on either side of a picture. ." For industry veterans, the book is a handy reference tool, penned as an easy-to-read textbook, declares the author. Ross an MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration College in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , provides clear definitions of the jargon and procedures that set Wall Street apart from any other industry. "For people studying for the Series 27 exam, the book will give them realistic and practical applications to the techniques and accounting procedures at any broker dealer operation," Ross explains. Passing the Series 27 exam is a mandatory requirement of the Securities and Exchange Commission for all brokerage industry chief financial officers. |
|
||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion