SAN FRANCISCO — It’s not every day you get to wrestle with a far-reaching, complex accounting standard that’s despised by your industry and largely misunderstood by investors, and most bankers would like to keep it that way.

But James W. Bean Jr., director of corporate accounting policies for Golden State Bancorp, has taken to his role as the San Francisco thrift’s guru on Financial Accounting Standard 133 with a fervor that verges — dare one say — on delight.

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