Financial Accounting Resources & News
Our expert team keeps up on the latest filings from the SEC, FINRA, and the IRS to ensure our clients can efficiently minimize costs and risks while simultaneously maximizing reporting accuracy.
https://www.acisecure.com/wp-content/uploads/2017/04/95175627.jpg
527
911
Shannon Sanderson
/wp-content/uploads/2016/11/aci.finop-logo3-300x123.jpg
Shannon Sanderson2017-12-15 14:44:122017-12-15 14:44:12FINRA Announces SFAB, NAC and District Committee Election Results and Appointments
ACI Listed as a Member of FINRA’s Compliance Vendor Directory
/in News /by Jay GettenbergEffective this week, the Financial Industry Regulatory Authority will be going live with their new Compliance Vendor Directory (CVD), a comprehensive list of service providers in nine distinct categories, as follows: 1. Compliance Consulting 2. Cybersecurity 3. Data Management 4. Email & Social Media Archive 5. Exam Prep & Firm CE 6. Insurance Brokers 7. […]
The Impact of PCAOB and How ACI Can Help Reduce Audit Fees
/in Regulatory Updates /by Shannon SandersonThe Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 designated the Public Company Accounting Oversight Board as the regulatory agency responsible for overseeing the audits of all broker dealers registered with the Securities and Exchange Commission. Over the past 7 years, the PCAOB has performed extensive reviews of audit files, scrutinizing independence, documentation […]
New FINRA CAB Rules
/in Regulatory Updates /by Jay GettenbergCapital Acquisition Brokers (“CABS”) were created as a new FINRA Membership option after a long-standing battle in the industry to lessen the restrictions on limited purpose Broker Dealers. You can apply to be a CAB member at the onset of your new member application (assuming you meet the criteria per the rule) or you can […]
What is a FinOp?
/in Informational /by Jay GettenbergWhat is a Financial & Operations Principal (FinOp)? Rule 1022 requires every FINRA member firm to designate one individual to serve as a Financial and Operational Principal (FinOp). The FinOp obtains qualification by passing the Series 27 or Series 28 examination. Upon registration, the FinOp becomes personally liable for the maintenance of the broker dealer’s […]