Jim Bean has been Manager of Wells Fargo’s Corporate Accounting Policy department since 2002. In this role, Jim is responsible for (1) coordinating company-wide accounting policies, (2) implementing new accounting standards, and (3) monitoring and influencing the development of proposed accounting standards and SEC pronouncements.
Previously, Mr. Bean had spent fourteen years in various positions at California Federal Bank, including Controller and Director of Internal Audit. Prior to that, he spent twelve years at PricewaterhouseCoopers.
Jim is a member of the AICPA’s Depository Institutions Expert Panel and was the Chairman of the AICPA’s Derivative Loan Commitments Task Force. Jim participated with the AICPA Discount Accretion Task Force in drafting SOP 03-3, Accounting for Certain Loans or Debt Securities acquired in a Transfer, and co-authored the AICPA Technical Practice Aid for the implementation of SOP 03-3.
Jim has been an adjunct professor of accounting and business at both Claremont McKenna College and California State University, Los Angeles. He has a B.A. in Economics from Pomona College, an M.B.A. in Finance and Control from Harvard Business School and a Ph.D. in Executive Management from the Peter Drucker School of Management at Claremont Graduate University.