Full text of SHEARSON FINANCIAL SERVICES, LLC's X-17A-5 filed 2023-03-01 (period 2022-12-31). 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, 2022** {1}------------------------------------------------ #### **SHEARSON FINANCIAL SERVICES, LLC** #### **TABLE OF CONTENTS** | | 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 Board of Directors and Shareholders 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, 2022 and the related notes and schedules (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 **Shearson Financial Services, LLC.** as of December 31, 2022 in conformity with accounting principles generally accepted in the United States of America. #### **Basis for Opinion** This financial statement is the responsibility of **Shearson Financial Services, LLC.'s** management. Our responsibility is to express an opinion on **Shearson Financial Services, LLC.'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 **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 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…Read the full text as markdown