USC Leventhal School of Accounting

USC Leventhal School of Accounting
Consistently ranked among the nation’s top 10 graduate and undergraduate programs by U.S. News & World Report, USC Leventhal has strong ties to the business and accounting communities of Los Angeles and beyond. As part of USC Marshall, USC Leventhal encourages cooperation between students like Master of Accounting candidate Nathan Dean and business administration major Sarah Riley.

The Leventhal School of Accounting is dedicated to maintaining a leadership position in accounting education and research. We are committed to educational programs that seek to establish in each graduate the potential for career development into the highest executive levels of public accounting, controllership, financial management and management of accounting information systems. The accounting curriculum explores not only the state of the art but also seeks to explore the accounting discipline’s future structures and directions. Relevant concepts and techniques from other academic disciplines are drawn upon and integrated into all accounting programs.

Accounting education has been an integral part of USC since 1920, when the Department of Accounting offered a Bachelor of Science degree in business administration with an emphasis in accounting. The Leventhal School of Accounting was established in 1979, joining less than a dozen other leading institutions in the nation emphasizing formal professional accounting education. The Leventhal School of Accounting continues to rank as one of the premier AACSB-accredited accounting programs in the nation.

Currently the Leventhal School of Accounting undergraduate program offers a Bachelor of Science, Accounting degree within which a student may choose the accounting track, the accounting information systems track or the graduate track. Honors students may be eligible for admission to the progressive degree, an efficient way to complete both undergraduate and graduate degrees. An accounting minor is also offered to students outside the Marshall School of Business. Graduate programs include a full-time Master of Accounting or Master of Business Taxation; a Master of Business Taxation for working professionals; and a Juris Doctor/Master of Business Taxation in conjunction with the USC Gould School of Law. A Ph.D. degree with an accounting major is offered through the doctoral program in the Marshall School of Business.

USC Leventhal School of Accounting
Accounting 101
(213) 740-4838
FAX: (213) 747-2815
Email (graduate students):; (undergraduate students):


William W. Holder, DBA, CPA, Dean, Alan Casden Dean’s Chair at the Leventhal School of Accounting

Mark L. DeFond, Ph.D., CPA, Associate Dean, Academic Affairs

Shirley Maxey, B.A.*, Associate Dean, Master’s Programs

Mildred G. Penner, M.A., Assistant Dean, Undergraduate Program


George Bozanic and Holman G. Hurt Chair in Sports and Entertainment Business: S. Mark Young, Ph.D.*

Deloitte & Touche LLP Chair in Accountancy: Kenneth A. Merchant, Ph.D., CPA

A.N. Mosich Chair in Accounting: Mark L. DeFond, Ph.D., CPA*

Accounting Circle Professor of Accounting: Randolph P. Beatty, Ph.D., CPA

KPMG Foundation Professor of Accounting: K.R. Subramanyam, Ph.D.

USC Accounting Associates Professor of Accounting: Sarah E. Bonner, Ph.D., CPA*

Arthur Andersen & Co. Alumni Associate Professor of Accounting: Mingyi Hung, Ph.D.*

Professors: Jerry L. Arnold, Ph.D., CPA; Randolph P. Beatty, Ph.D., CPA; Sarah E. Bonner, Ph.D., CPA*; Mark L. DeFond, Ph.D., CPA*; William W. Holder, DBA, CPA; Thomas W. Lin, Ph.D., CMA; Kenneth A. Merchant, Ph.D., CPA; Daniel E. O’Leary, Ph.D., CPA, CMA, CISA; K.R. Subramanyam, Ph.D.; Charles W. Swenson, Ph.D.*, CPA; S. Mark Young, Ph.D.*

Associate Professors: John J. Barcal, J.D., CPA*; Mingyi Hung, Ph.D.*; James G. Manegold, Ph.D.*; Robert H. Trezevant, Ph.D.*; Shiing‑Wu Wang, Ph.D.*

Assistant Professors: Elizabeth Chuk, Ph.D.; David Erkens, Ph.D.; Yuri Loktionov, Ph.D.; David Maber, DBA; Maria Ogneva, Ph.D.; Jieying Zhang, Ph.D.

Professors of Clinical Accounting: Ruben A. Davila, J.D., MBA, CPA; Chrislynn Freed, MBA, CPA*; Merle Hopkins, Ph.D.*; Cecil W. Jackson, Ph.D., CPA; Joseph L. Keller, M.S., CPA; Rose M. Layton, M.Acc., CPA*; Shirley Maxey, B.A.*; Patricia Mills, J.D., LL.M.; Leslie R. Porter, Ph.D.*; Robert S. Roussey, B.S., CPA; Robert Scharlach, B.S., CPA; Kendall Simmonds, MBA, CPA*

Associate Professor of Clinical Accounting: Robert Kiddoo, MBA, CPA

Assistant Professors of Clinical Accounting: Robert Shames, MBA, CPA; Zivia Sweeney, MBA, CPA*

Emeritus Professors: E. John Larsen, DBA, CPA; Theodore J. Mock, Ph.D.; Anelise N. Mosich, Ph.D., CPA; Rodolph H. Redmond, J.D.

*Recipient of university-wide or school teaching award.

Degree Programs

Undergraduate Degree

Bachelor of Science, Accounting

The USC Leventhal School of Accounting offers the Bachelor of Science, Accounting (B.S.) degree designed to prepare students for entry into the professional program leading to a Master of Accounting degree. The undergraduate curriculum also provides a general background in business necessary for entry into the accounting profession. There are three tracks from which students can choose: the accounting track, the accounting information systems track or the graduate track. The graduate track is for USC B.S., Accounting students who plan to apply to the Leventhal School of Accounting’s Master of Accounting or Master of Business Taxation programs.

Graduate Degrees

Master of Accounting

The Master of Accounting (M.Acc.) program provides an integrated curriculum designed to prepare graduates for careers in professional accounting, public accounting, industry and government. Students have the opportunity to study accounting in greater depth than in undergraduate accounting programs or MBA programs with concentrations in accounting. Students have flexibility in course choices to reflect their career goals.

Admission does not require an undergraduate degree in accounting or business, nor is work experience a requirement. For students with an undergraduate degree in accounting the program requires 30-36 units for completion; for non-accounting students the program requires 45‑54 units.

Master of Business Taxation

This specialized program in taxation requires 30-51 units (depending on undergraduate background) and is offered to full- or part-time students and leads to the Master of Business Taxation (MBT). The program is designed for accountants, attorneys and others who wish to learn or improve skills and knowledge through participation in advanced tax study. This group may be engaged in tax practice, in business management or in government administration.

Juris Doctor/Master of Business Taxation

The USC Gould School of Law and the Leventhal School of Accounting offer this dual degree program. Admission to the J.D. program offered by the Law School is required before applying to the MBT program offered by the Leventhal School of Accounting.

Master of Business Administration

The Master of Business Administration (MBA) with an optional accounting concentration, offered by the Marshall School of Business is also serviced by the Leventhal School of Accounting. For additional information, consult the Marshall School of Business section in this catalogue.

Doctor of Philosophy

The Marshall School of Business offers the Doctor of Philosophy (Ph.D.) degree in conjunction with the Graduate School. A student electing to major in accounting may design a research program that emphasizes auditing, financial accounting, information systems, management accounting and taxation. More information on the doctoral program is available in the Marshall School of Business section of this catalogue, or contact the doctoral office at (213) 740-0674 or the director of doctoral studies in accounting at (213) 740-4838.