A financial executive located in California, James Kasim has held leadership roles at Ernst & Young LLP and Pacific Office Properties Trust, Inc. A Certified Public Accountant (CPA), James Kasim has served in various senior executive capacities in the financial services and commercial real estate industries.
CPAs offer an accounting and financial background that make them ideal candidates for leading businesses as CFOs. They are licensed accountants who have furthered their comprehension of accounting through additional education and obtained experience working in their field. In addition, they uphold ethical standards and present themselves in a professional manner that instills trust.
In the State of California, a CPA must hold a bachelor’s degree and complete 150 semester units in related course work. Financial reporting, auditing, business leadership, and financial statement analysis are among the classes a CPA candidate must pass for consideration. Successful completion of the California Professional Ethics Exam and one year of general accounting work are also necessary to sit for the Uniform CPA Examination, the final test that evaluates a person’s accounting comprehension.
With more than two decades of experience in capital markets, James Kasim has served as chief financial officer and treasurer of some of the most prominent commercial real estate companies. A certified public accountant (CPA) in California, James Kasim oversees corporate finance and financial reporting needs.
CPAs earn their license at a state or territory level. In California, a person must hold a bachelor’s degree in order to take the CPA examination. Unlike other states, 150 educational hours are not required; however, completion of 24 semester units in both accounting and business is mandatory. If a person chooses to take more than 24 accounting units, the overage can fulfill general business credits.
Once education requirements are met, a candidate will create an account with the California Board of Accountancy and have his or her transcripts forwarded to the board to request approval to sit for the exam. The state board will issue an authorization to test (ATT) once an applicant is approved, at which time he or she will pay the examination fee and schedule a testing within nine months.
An accomplished certified public accountant and senior financial executive, James Kasim has previously served as the chief financial officer of Pacific Office Properties Trust, Inc., and as a senior manager with Ernst & Young, LLP. In addition, James Kasim worked as an adjunct professor at the University of Southern California and served on the California Board of Accountancy’s Report Quality Monitoring Committee.
The California Board of Accountancy (CBA) is a self-funded government entity that serves California-based consumers and accountants by qualifying candidates for the National Uniform CPA Exam, certifying and licensing CPAs, registering CPA corporations and partnerships, and investigating complaints against individual accountants and accountancy firms. Currently, the CBA regulates more than 97,000 licensed accounting professionals in the state of California.
A large portion of the CBA’s work is performed by various committees, including the Report Quality Monitoring Committee. The group is responsible for ensuring that California CPAs’ financial reports follow proper accounting principles and comply with established financial reporting standards. Additionally, the committee can order licensed CPAs to complete continuing education to improve their professional competence. If the licensee fails to comply, the Report Quality Monitoring Committee also has the authority to pursue disciplinary action.
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