Full text of SHINHAN INVESTMENT AMERICA INC.'s X-17A-5 filed 2020-03-02 (period 2019-12-31). Broker-dealer annual report from SEC EDGAR — readable, searchable, and available as markdown for AI agents.
{0}------------------------------------------------ (A Wholly Owned Subsidiary of Shinhan Investment Corp.) Statement of Financial Condition December 31, 2019 (With Report oflndependent Registered Public Accounting Firm Thereon) {1}------------------------------------------------  integrity-trust• professionalism 65 CHALLENGER ROAD, SUITE 250, RIDGEFIELD PARK, NJ 07660 T. 212.244.3940 I F. 201.242.0106 WWW.SEJONGLLPCOM # **Report of Independent Registered Public Accounting Firm** To the Board of Directors and Shareholder of Shinhan Investment America Inc. #### **Opinion on the Financial Statement** We have audited the accompanying statement of financial condition of Shinhan Investment America Inc. as of December 31, 2019, and the related notes (collectively referred to as the financial statement). In our opinion, the statement of financial condition presents fairly, in all material respects, the financial position of Shinhan Investment America Inc. as of December 31 , 2019 in conformity with accounting principles generally accepted in the United States of America. #### **Basis for Opinion** This financial statement is the responsibility of Shinhan Investment America Inc.' s management. Our responsibility is to express an opinion on Shinhan Investment America Inc. 's financial statement based on 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 Shinhan Investment America 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. 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 statement 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 regarding the amounts and disclosures in the financial statements. Our audit also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that…Read the full text as markdown