The Sarbanes-Oxley Act Boosts Investor Confidence in Financial Markets

 

Sarbanes-Oxley Act of 2002  pic
Sarbanes-Oxley Act of 2002
Image: investopedia.com

A former senior manager at Ernst & Young, James Kasim has accumulated decades of experience as a financial professional. In his work with public companies, James “Jim” Kasim has ensured compliance with statutory regulations, such as the Sarbanes-Oxley Act of 2002 (SOX).

SOX was passed by Congress to safeguard investors from fraudulent accounting activities by large companies. In the wake of the Enron, WorldCom, and Tyco International scandals, many investors were losing confidence in the US financial market. SOX was enacted to reform financial accounting and reporting in public companies, restoring investor trust in the market.

SOX has provisions specifically aimed at preventing fraud in financial reporting. Section 302 requires management to certify that it has reviewed statutory financial reports and found that the reports are fair and contain no materially untrue statements. This section personally binds chief executives to ensure their periodic financial reports are true in all material aspects.

Section 404 requires senior management and auditors to develop internal controls and include information in financial reports on the scope and adequacy of these controls. Additional controls required by SOX include job protection for whistleblowers; storage of financial records, including audit and review papers; and the establishment of the Public Company Accounting Oversight Board to supervise the accounting industry.

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USC Marshall School to Host Annual ISMS Marketing Science Conference

ISMS Marketing Science Conference pic
ISMS Marketing Science Conference
Image: marketingscience2017.usc.edu

Experienced in commercial real estate, James (Jim) Kasim serves as the chief financial officer and treasurer of a commercial real estate company. James Kasim graduated with an MBA from the University of Southern California Marshall School of Business.

The USC Marshall School will host the 39th Annual ISMS Marketing Science Conference from June 7 through 10, 2017. The conference will take place at Fertitta Hall on the USC campus. The conference is held under the aegis of the INFORMS Society for Marketing Science (ISMS), which is committed to researching market phenomena and sharing that research with managers, public officials, students, and the public.

On June 7, the event will kick off with the ISMS Doctoral Consortium, which brings together doctoral students from around the world. The conference will be led by Gerard J. Tellis, a professor of marketing at the Marshall School.

The AICPA Engage Conference

American Institute of Certified Public Accountants pic
American Institute of Certified Public Accountants
Image: aicpa.org

James (Jim) Kasim, husband and father to a young son, currently serves as a chief financial officer and treasurer in the real estate industry. Also a CPA, James Kasim is engaged in several professional organizations that include the California State Society of Certified Public Accountants, the Institute of Management Accountants, and the American Institute of Certified Public Accountants (AICPA).

Founded in 1887 and consisting of more than 400,000 members, the AICPA is the largest professional organization for certified public accountants in the world. The organization represents its members, who can be found in 143 countries, by setting standards and advocating for the profession, developing the uniform CPA exam, and even hosting events.

One event hosted by the AICPA is the Engage Conference. This annual event brings together six conferences into one large event and is next scheduled for June 12, 2017, at the MGM Grand in Las Vegas. The six different conferences focus on financial planning, estate planning, tax strategies, advanced accounting, accounting marketing, and a practitioner symposium. All six events include access to expert speakers, learning workshops, and networking opportunities.

What to Look for in a Pair of Cycling Shorts

Cycling Shorts pic
Cycling Shorts
Image: rei.com

James Kasim is a Certified Public Accountant (CPA) who is licensed to practice in the state of California. Throughout his career, Jim Kasim has worked in leadership positions for a number of companies, including Ernst & Young, LLP, and Pacific Office Properties Trust, Inc. James Kasim is also a keen cyclist who rides every week.

Having the right shorts for cycling is important if you are to stay comfortable during your rides. Here are the things you should look for when buying a pair.

1. Look for shorts that feature an anatomical cut. They will be longer and wider at the back, which is done so they mold to the contours of your body during the ride.

2. A general rule of thumb is that more fabric panels increase comfort. The top performers tend to have eight panels, allowing more flexibility and a better fit.

3. Examine the padding and consider what you need the shorts for. Endurance riders will usually lean towards thicker padding, whereas triathletes and casual cyclists may prefer thin. In many cases, it comes down to personal preference.