Broker Dealer Audit

Kaufman, Rossin has been providing audit, tax and consulting services to broker-dealers, both self-clearing and fully disclosed, since the late 1980s. These services have extended to broker-dealers under CFTC regulation as well as Futures Commission Merchants and Introducing Brokers.

We provide broker dealer clients with financial statement audit services, other regulatory reporting services, and tax services.

In addition, where SEC independence rules allow, we provide a complete array of consulting services for broker-dealers we do not audit. We can:
  • Perform a study of operations, make operational improvement recommendations, and assist with implementation
  • Help streamline the accounting process and preparation of monthly FOCUS reports for regulatory filing
  • Assist with structuring related companies to perform certain administrative functions
  • Prepare operations manuals covering daily, weekly and monthly processes for trading and operations staff
  • Assist with designing and implementing compliance procedures
  • Assist in dealing with regulators
  • Consult on selection and implementation of various software packages, especially related to customer and financial reporting
  • Provide consulting on financial reporting and operational issues.