Full text of JCRA FINANCIAL LLC's X-17A-5 filed 2021-03-01 (period 2020-12-31). Broker-dealer annual report from SEC EDGAR — readable, searchable, and available as markdown for AI agents.
{0}------------------------------------------------  To the Members' of JCRA Financial LLC #### Opinion on the **Financial** Statements We have audited the accompanying statement of financial crodition of JCRA Financial LLC (a Delaware limited liability company) (the "Company") as of December 31, 2020, the related statements of income, changes in members' equity, and cash flows for the period October 1, 2019 through December 31, 2020, and the related notes and schedule I (collectively referred to as the financial statements). In our opinion, the financial statements present fairly, in all material respects, the financial position of JCRA Financial LLC as of December 31, 2020, and the results of its operations and its cash flows for the period October I, 2019 through December 31, 2020 in confonnity with accounting principles generally accepted in the United States of America. #### Basis for Opinion These financial statements are the responsibility of JCRA Financial LLC's management. Our responsibility is to express an opinion on JCRA Financial 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 JCRA Financial LLC in accordance with the U.S. fecleral 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, 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 our audit provides a reasonable basis for our opinion. #### Supplemental Information The Computation of Net Capital Under SEC Rule 1Sc3-l , Computation for Determination of Reserve Requirements and Information relating to Possess…Read the full text as markdown