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Rotenberg & Co., llp provides services ranging from auditing and tax preparation to personal financial and estate planning. The company bases its business practices on a long-standing relationship with the Rochester community. The certified public accountants and business consultants at Rotenberg have provided sound financial planning for Rochester families and businesses since 1960. If there is a question that you would like to ask the expert that is not covered below, please click here.

Stock market related questions:

What is the Buttonwood Agreement?
The Buttonwood Agreement is the founding document of the New York Stock Exchange. It is named for the buttonwood tree where 24 founding brokers signed an agreement to trade secturities on a common commission basis on May 17, 1792.

What is the Securities Act?
The purpose of the Securities Act is to ensure companies provide full disclosure to investors and to prevent fraud in securities sales. It was enacted on May 27, 1933.

What is the Securites Exchange Act?
The Securities Exchange Act determined standards for securities trading and established the Securities and Exchange Commission (SEC) to enforce them. It was enacted on June 6, 1934.

When was the Dow Jones first published?
In 1896, the Dow Jones Industrial Average was published by the Wall Street Journal, with an initial value of 40.74 and 12 companies listed.

What is the name given to the stock market crash in October 1929?
Black Thursday was named so because it marked the beginning of the Great Depression. On that date (October 29, 1929) stock prices fell, with record volume of 13 million shares.

General accounting questions:

What is a basic definition of accounting?
Accounting is the process of identifying, recording, and communicating the economic events of an organization to the user of the information.

What does the accounting acronym G.A.A.P. stand for?
Generally Accepted Accounting Principles

What jobs fall under the umbrella of accounting?
Bookkeeping, auditing, consulting, and more.

Which kind of accountant would you use to prepare your income tax documentation, public or private?
A public accountant opens his or her business to the public, whereas a private accountant works for a private company.

What does the certification CA stand for?
Chartered Accountant
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