Accounting Audit

Introducing broker dealers are mandated by FINRA to have an independent third party conduct a full-scale accounting audit of all books and records every fiscal year.  Additionally, many non-introducing broker dealers elect to have an annual accounting audit to verify the accuracy of their financial statements in order to attract new customers.  Financial audits have become a vital part of the securities industry, as investors want to ensure that the firms with whom they invest their money are not conducting any illegal or fraudulent financial reporting activities.  The need for financial audits has only increased in the wake of the Bernie Madoff scandal and similar fraudulent financial reporting.

While ACI cannot serve as both the provider of outsourced accounting services and independent financial audits, our staff understands the need for assistance in facilitating the financial audit and accepts the responsibility of answering any audit questions that may arise.  We have strategically partnered with many of Manhattan’s leading financial audit firms and have developed working relationships that have allowed our clients to benefit from economies of scale.  At ACI, we pride ourselves on offering to our clients a cost-effective and pain-free financial audit.