Financial Reporting & Bookkeeping

RRS provides a full range of services to assist broker-dealers and their FINOPs with financial statement preparation, net capital computation, regulatory filings, and surveillance. We have the expertise and tools necessary to ensure that your financial statements, net capital, and FOCUS filings are prepared accurately, filed on time, and meet the requirements of SEC Rule 15c3-1. In addition, RRS can help develop surveillance methods designed to monitor intra-month capital levels to avoid early warnings and net capital deficiencies. RRS also provides bookkeeping services for investment advisers and other small businesses.

Our Fin-Ops support services include:

        • Net capital computation and FOCUS Filing
        • Full financial statement preparation – trial balance, balance sheet, income statement and general ledger
        • Chart of accounts
        • Schedule of non-allowable assets
        • Schedule of aggregate indebtedness
        • Haircuts, undue concentration, and blockage tests
        • Riskless principal trade assessment
        • Account reconciliations
        • Journal entries
        • Year end audit adjustments
        • Intra-month capital surveillance and early warning alerts
        • SEC Rule 15c3-3 exemption testing for proper handling of customer funds and securities
        • Written supervisory policies and procedures
        • Audit support
        • Research services

RRS offers three levels of financial support: the Blue level consists of FOCUS filing; the Red level consists of the preparation of net capital computation and FOCUS filing; and the comprehensive Black level which includes full financial statement preparation and FOCUS filing.

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