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.
James Kasim has significant experience in various corporate finance and capital markets roles, including as chief financial officer for both publicly-listed and private companies. Prior to these roles, James Kasim has held senior positions at several other firms and maintains membership with the American Institute of Certified Public Accountants (AICPA).
In June 2016, it was announced that AICPA had partnered with the Chartered Institute of Management Accountants (CIMA) in order to form a new international accounting association to provide direction for finance professionals around the world. The proposal was first publicized in November of 2015 and, and the organization will mark its first official year in 2017. Together, the two groups hope to better promote the CPA profession and improve the processes and tools used by those within the industry.
All individuals who have membership with either organization separately will automatically receive dual membership in the newly-formed organization, maintaining all of their old benefits as well as gaining several new perks. Prior to the merge, AICPA had over 400,000 members while CIMA maintained just under 200,000, bringing the new total number of members for the single group to more than 600,000.
Jim Kasim, CPA, has acquired significant experience over the course of his career as a financial executive. Mr. Kasim is also a member of the American Institute of Certified Public Accountants (AICPA). In addition to issuing CPA licenses to accounting professionals in the United States, the AICPA offers accounting resources on topics impacting the profession, such as the implementation of health care reform.
A number of new taxes and tax credits have been phased in since the Affordable Care Act (ACA) was passed in 2010. To help members understand the new law and learn how to address its impact on clients and organizations, the AICPA provides a timeline of recent tax provisions, as well as resources on tax reporting and ACA-related penalties. AICPA members also enjoy access to a health care reform toolkit developed by the AICPA’s Private Companies Practice Section and FAQs for individual clients. To learn more about the health care reform resources at the AICPA, visit the official website at aicpa.org.