The FASB and IASB converged global standard significantly alters how revenue is reported. Broker-dealers should prepare now for the changes.
The industry is facing sharper scrutiny, stricter regulation and unique operational challenges. We can help.
With the focus on Wall Street turning towards the strict requirements of the new regulatory landscape, broker-dealers must seek solutions to improve investor confidence and prepare themselves to adapt in this challenging climate including successfully navigating similar products with different capital, margin and collateral location requirements developed by separate prudential regulators.
Grant Thornton’s dedicated broker-dealer practice helps clients identify and address a wide range of unique compliance and operational issues. We assist carrying and non-carrying firms — such as proprietary trading firms — and investment banks. Our professionals provide state-of-the-art audit, tax and advisory services, and specialized compliance, risk management, program management, internal audit and business process improvement services. Our operational guidance and support will help broker-dealers understand and comply with pertinent SEC and Financial Industry Regulatory Authority (FINRA) regulations.
Grant Thornton’s world-class service to broker-dealers embraces a distinctive client experience.
Ready for a better client experience? Learn more about our audit, tax and advisory services.
See more at: http://www.grantthornton.com/industries/financial-services/broker-dealers