Full text of SHEARSON FINANCIAL SERVICES, LLC's X-17A-5 filed 2022-02-22 (period 2021-12-31). Broker-dealer annual report from SEC EDGAR — readable, searchable, and available as markdown for AI agents.
{0}------------------------------------------------ # **Shearson Financial Services, LLC** **Statement of Financial Condition [with supplemental information as required by Rule 17a-5 of the Securities and Exchange Commission]** **December 31, 2021** {1}------------------------------------------------ ## **SHEARSON FINANCIAL SERVICES, LLC** #### **TABLE OF CONTENTS** | | ---<br>Page | |---------------------------------------------------------|-------------| | Report of Independent Registered Public Accounting Firm | 1 | | Financial Statements: | | | Statement of Financial Condition | 2 | | Notes to Financial Statements | 3-11 | {2}------------------------------------------------  #### REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM #### To the Members of **Shearson Financial Services, LLC.:** #### **Opinion on the Financial Statements** We have audited the accompanying statement of financial condition of **Shearson Financial Services, LLC.** as of December 31, 2021 and the related notes (collectively referred to as the "financial statements"). In our opinion, the financial statements present fairly, in all material respects, the financial position of **Shearson Financial Services, LLC.** as of December 31, 2021 in conformity with accounting principles generally accepted in the United States of America. #### **Basis for Opinion** These financial statements are the responsibility of **Shearson Financial Services, LLC.'s** management. Our responsibility is to express an opinion on **Shearson Financial Services, LLC.'s** financial statements 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 **Shearson Financial Services, LLC.** 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 statements are 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 statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evid…Read the full text as markdown