James "Jim" Kasim brings over 25 years of accounting and corporate finance experience to his role as chief financial officer and treasurer of a major commercial real estate company. A Certified Public Accountant (CPA) in the State of California, James Kasim received his CPA license in 1994. He previously served on the Report Quality Monitoring Committee of the California Board of Accountancy (CBA), which protects consumers by regulating the accounting profession and ensuring California CPAs adhere to high professional standards. In a November 2018 news release, the CBA announced the election of new officers to lead the organization. During a meeting on November 15, 2018, board members elected George Famalett as president, Mark Silverman as vice president, and Nancy Corrigan as secretary/treasurer. A CPA with a law degree from the University of California, George Famalett has served on the CBA since 2015. He has worked at PricewaterhouseCoopers for over two decades and currently serves the firm as a tax partner. Formerly the CBA's secretary/treasurer, Mark Silverman has been a member of the board for nearly five years. Professionally, Mr. Silverman has held several leadership positions over the course of a career spanning more than 40 years. Rounding out the CBA's new leadership is Nancy Corrigan, a CPA who began her career in 1977 and most recently served as a partner at Singerlewak, LLP. Within the CBA, Ms. Corrigan has served on the board's Peer Review Oversight Committee, Enforcement Advisory Committee, and Qualifications Committee.
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3/17/2016 0 Comments Requirements of CPA LicensingA former senior manager at Ernst & Young, LLP, California resident James Kasim has dedicated more than two decades to the financial field. James Kasim has served in several executive capacities. His CPA designation has helped him along the way. The Board of Accountancy for each state is responsible for coordinating CPA examinations and issuing licenses. All boards must adhere to regulations set forth by the National Association of State Boards of Accountancy. A person interested in obtaining licensure must complete an accounting program at an accredited college or university and achieve a successful score on the Uniform CPA Exam. In addition to multiple choice questions and written communication, the test will include the Document Review Simulation beginning in July of 2016. The task-based simulation requires candidates to make edits to a primary document based on relevant sources. Further, CPA candidates must obtain professional work experience. Requirements vary by state. Specifically, California candidates are required to have one year of experience working in a public accounting firm. They must practice skills in management and financial advisory as well as consultation and compilation. Individuals aspiring to sign attest reports must gain 500 hours of attest experience. James Kasim is a senior operations and finance executive based in California. A former member of the Report Quality Monitoring Committee of the California State Board of Accountancy, James Kasim has been a licensed certified public accountant (CPA) since 1994. In California, individuals must fulfill a set of requirements and pass the Uniform CPA Exam to receive their CPA licensure. Requirements include a bachelor’s degree, a minimum number of semester units in accounting and business, and experience with an active CPA. One notable omission from licensure requirements is auditing experience, which has fallen out of favor in recent years. Once looked at as a way for aspiring CPAs to “pay their dues,” logging audit hours is no longer considered an essential job function for CPAs in California. However, publicly traded companies still require auditing every year, creating a demand for CPAs with auditing and attestation experience. As such, many California CPAs choose to complete the 500 hours necessary to obtain auditing and attestation authority. |
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