Focus Reporting

Pursuant to SEC Rule 17a-5, all broker dealers are required to file Focus Reports on either a monthly or quarterly basis.  The Focus Report serves as the final product of a broker dealer’s financial activities over a period of time designated by FINRA.  The Focus Report provides the FINRA coordinator assigned to each broker dealer with a balance sheet, an income statement since the last report was filed, a statement of changes in ownership equity, and a computation of the broker dealer’s net capital.  The FINRA coordinator analyzes the results of the Focus Report for accuracy and financial stability, primarily by comparing the firm’s net capital to the amount of net capital that is mandated by FINRA.  The difference, known as “excess net capital,” is expected to be great enough to provide FINRA with comfort in allowing the broker dealer to continue operations.

At ACI, our team of Certified Public Accountants prepares the books and records for each broker dealer we service and then translates these financial statements into Focus Report filings.  Having passed the Series 27/28 examination, each ACI accountant is a certified Financial & Operation Principal, which designates our knowledge of broker dealer accounting and the net capital rules and regulations that govern the broker dealer’s financial activities.  After completion of the Focus Report, the ACI accountants use the FINRA Gateway platform to submit the Focus Report filing for the client and ensure that it is received by the FINRA regulators.


To inquire into ACI's Focus Reporting services, contact us at info@acisecure.com.