NYS Rules for Investment Advisers - Balance Sheets and income Statements under GAAP

NYS Rules with Relevance to Investment Advisers and Financials in New York State:  OFFICIAL COMPILATION OF CODES, RULES AND REGULATIONS OF THE STATE OF NEW YORK

TITLE 13. DEPARTMENT OF LAW

CHAPTER II. SECURITIES TRANSACTIONS AND PERSONNEL

SUBCHAPTER A. SECURITIES--GENERAL

PART 11. INVESTMENT ADVISORY SERVICESCurrent through February 29, 2012

* Section 11.14.* Financial statements.

(a) Financial statements of an investment adviser shall be prepared in accordance with generally accepted accounting principles including reserves or liabilities for unfulfilled subscriptions. Where financial statements are unaudited by an independent public accountant, a certification by management is required attesting to the accuracy of such statements.

(b) Each investment adviser filing an initial registration through the IARD shall submit a balance sheet and an income statement as of the close of its last fiscal or calendar year as prepared by the adviser's accountant or by management. Where the financial statements submitted are more than 90 days old, an interim balance sheet no more than 90 days old shall also be submitted directly to the Department of Law.

(c) Annually, each registered investment adviser shall submit a balance sheet and an income statement as of the close of its last fiscal or calendar year within 90 days after completion of its fiscal or calendar year end directly to the Department of Law.

13 CRR-NY 11.14
13 CRR-NY 11.14
2011 WL 74145528
13 CRR-NY 11.14



As of Read date 6/13/12 ALL NYS Laws are subject to change and update and must be confirmed as filing or relying and this citation is from the unofficial rules of NYS. For Legal Services or Analysis  you should seek the services of a Licensed New York State Attorney. For support services on US GAAP Financials or Taxes for Investment Advisers we are available to support your needs through direct services or referrals depending on the nature of services. Client services correspond to available services in compliance to the rules from the Federal, State and Local levels.


DCarsonCPA following the connecting lines of Government Rules, Industry Standards, Sector needs and Financial Decision Making support for Leaders in Government, Industry, Non Profit and Individual capacities. We work with research, knowledge, teamwork and experience to meet Client needs on Services for the connecting points of Regulations and corresponding Accounting, Tax and Compliance duties where we may assist Clients in varying capacities. Learn more at http://www.dcarsoncpa.com/ or e-mail info@dcarsoncpa.com .

NYS - June Updates on Executive Branch Rules

Our Mid Month Update on NYS Excutive Branch rules from June 2012:


NYS 6-13 Rules

NYC Rules 6-6-12

DCarsonCPA at the connecting line of Government, Industry, Non Profit and Individual Financials for Decision Makers. Learn more at www.dcarsoncpa.com or e-mail info@dcarsoncpa.com .

This week from Albany - Executive Updates

Staying current on the latest on NYS Updates from the State Government in Albany with decisions that will impact us throughout the Empire State:

Rules


DCarsonCPA.com your link to Client services and research to support Financial Decision Makers in various roles in Government, Industry, Non Profit and Individual Financial Leadership roles. We work with Accounting, Taxes, Compliance, Advisory, Financial Analysis, Business Analysis, Research and more to support your needs as a Financial Decision Maker. Learn more at www.dcarsoncpa.com or e-mail info@dcarsoncpa.com .

NYS - Greater NY Area Labor Stats from 4/17/11 (for February 2012)

Greater New York Employment Report from 4/17/12 with County Breakdowns and insight:

One of the key ways to understand current Economic Challenges and Opportunities is to connect with related data flows rolling off of IRS Form 941 - Quarterly Employment Tax Returns and other Economic and Statistical Reports that draw together the insight for periodic Economic Reporting from DOL.

This report to learn more about the state of the NYS Economy at Read Date 4/17/12 (Reflecting February 2012 results) the most recent report seen.

9490


DCarsonCPA.com following the updates that connect Government, Industry, Non Profits and Individuals meeting Financial Decision Makers with a broad ability to connect on Accounting, Taxes, Compliance, Advisory, Financial and Business Analysis, Operations support, Financial Modeling and related Research. learn more at www.dcarsoncpa.com or inquire at info@dcarsoncpa.com  .

NYS Rules - Catch up on May 2012

NYS Rules - following the updates from the NYS Executive Branch for the last two weeks a catch up entry for Financial Decision Makers and Stakeholders in NYS (NYS Residents):


NYS Rules 5-23


NYS Rules 5-16



DCarsonCPA.com a connecting line for Financial Decision Making support services  supporting Government, Industry, Non Profit and Individual Decision Makers in New York State. We work with Services on Accounting, Taxation, Compliance, Advisory and related Research to support Clients needs on Services, and to help in the arena of Public Decision Making support to keep you current and be of assistance to shared community needs. Reach us at info@dcarsoncpa.com or link to our website at www.dcarsoncpa.com . We Welcome the opportunity to hear about your needs on Financials for the opportunity to support you on Services or to better communicate on Community needs where Financial Skills can help.

NYS Rules update 5/8/12

Following the line of Updates in Rules from NYS at the Executive Branch - this weeks NYS Rules.


NYS Rules


DCarsonCPA.com for Decision Makers in Government, Industry, Non Profit and Individual leadership roles we support Clients on Accounting, Taxes, Advisory, Analysis, Compliance and related services. We work with knowledge, experience, team work and research to bring support to Client needs on Financial Decision Making. Learn more at www.dcarsoncpa.com or find us at info@dcarsoncpa.com .

NYS Rules Update at 5-2-12

New York State Rules - checking in with the State at 5-2-12:



NYS Rules 5-2-12




DCarsonCPA.com your link to Accounting, Taxes, Advisory, Compiance and related services for Businesses, Non Profits and Individuals here for Clients on Services and working to help us all better connect. Reach us directly info@dcarsoncpa.com .