Full text of C. L. KING & ASSOCIATES, INC.'s X-17A-5 filed 2022-02-25 (period 2021-12-31). Broker-dealer annual report from SEC EDGAR — readable, searchable, and available as markdown for AI agents.
{0}------------------------------------------------ Statement of Financial Condition December 31, 2021 (With Report of Independent Registered Public Accounting Firm Thereon) {1}------------------------------------------------ ### Table of Contents | | r age(s) | |---------------------------------------------------------|----------| | Report of Independent Registered Public Accounting Firm | 1-2 | | Statement of Financial Condition | | | Notes to Statement of Financial Condition | 4-15 | D. . / ~ \ {2}------------------------------------------------  Anchin, Block & Anchin LLP Accountants & Advisors 1375 Broadway New York, NY 10018 212 840-3456 www.anchin.com To the Board of Directors of C.L. King & Associates, Inc.: # REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM ### Opinion on the Financial Statement We have audited the accompanying statement of financial condition of C.L. King & Associates, Inc. as of December 31, 2021, and the related notes (collectively referred to as the "financial statement"). In our opinion, the financial statement presents fairly, in all material respects, the financial position of C.L. King & Associates, Inc., as of December 31, 2021, in conformity with accounting principles generally accepted in the United States of America. This financial statement is the responsibility of C.L. King & Associates, Inc.'s management. Our responsibility is to express an opinion on C.L. King & Associates, Inc.'s financial statement based on ### Basis for Opinion our audit. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to C.L. King & Associates, Inc. in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB. {3}------------------------------------------------ We conducted our audit in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial condition is free of material misstatement, whether due to error or fraud. Our audit included performing procedures to assess the risks of material misstatement of the financial statement, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence supporting the amounts and disclo…Read the full text as markdown