Why Marshall
Leadership
Dean Geoffrey Garrett
Dean's Cabinet
Boards
Real-World Learning
Human Leadership
Tech Fluency
Global Opportunities
Diversity, Equity and Inclusion
Teaching + Innovation
Experiential Learning Center
Open Expression Statement
Programs
Undergraduate Programs
Admissions
Degrees
BS Business Administration (BUAD)
Business Emphases
BS Accounting (ACCT)
World Bachelor in Business (WBB)
BS Business of Cinematic Arts (BCA)
BS Artificial Intelligence for Business (BUAI)
Undergraduate Minors
Graduate Programs
MBA Programs
Full-Time MBA (FTMBA)
Executive MBA (EMBA)
Part-Time MBA (MBA.PM)
International MBA (IBEAR)
Online MBA (OMBA)
Specialized Masters
MS Business Administration (MSBUSAD)
MS Business Analytics (MSBA)
MS Entrepreneurship + Innovation (MSEI)
MS Finance (MSF)
MS Global Supply Chain Management (MSGSCM)
MS Marketing (MSMKT)
MS Social Entrepreneurship (MSSE)
Master of Business for Veterans (MBV)
Master of Management Studies (MMS)
Accounting Masters
Master of Accounting (MAcc)
Master of Business Taxation (MBT)
Master of Business Taxation for Working Professionals (MBT.WP)
PhD Program
Accounting
Data Sciences + Operations
Finance
Management + Organization
Marketing
Graduate Certificates
GC in Business Analytics
GC in Financial Analysis + Valuation
GC in Management Studies
GC in Marketing
GC in Optimization + Supply Chain Management
GC in Strategy + Management Consulting
GC in Sustainability + Business
GC in Technology Commercialization
GC in Library and Information Management – Online
Executive Education
Departments
Business Communication (BUCO)
Faculty
Data Sciences and Operations (DSO)
Finance + Business Economics (FBE)
Leventhal School of Accounting (ACCT)
Lloyd Greif Center for Entrepreneurial Studies (BAEP)
Management and Organization (MOR)
Marketing (MKT)
Institutes + Centers
Randall R. Kendrick Global Supply Chain Institute
Peter Arkley Institute for Risk Management
VanEck Digital Assets Initiative
Institute for Outlier Research in Business
Lloyd Greif Center for Entrepreneurial Studies
Incubate USC
USC Marshall Venture Fund
Brittingham Social Enterprise Lab
Neely Center for Ethical Leadership and Decision Making
Center for Effective Organizations
Center for Global Innovation
Center for Investment Studies
Initiative on Digital Competition
Trojan Network
Recruiting
Undergraduate
Graduate
Career Services
Giving + Support
Alumni Engagement + Resources
Student Organizations
Leventhal Professor Will Advise FASB
As an appointee to the FASAC, Richard Sloan will contribute to matters affecting accounting and financial reporting standards.
Richard G. Sloan, Deloitte and Touche LLP Chair in Accounting and professor of accounting, finance and business economics at USC Leventhal.
Richard G. Sloan, Deloitte and Touche LLP Chair in Accounting and professor of accounting, finance and business economics at USC Leventhal, is one of nine new members appointed to the Financial Accounting Standards Advisory Council (FASAC) by the Financial Accounting Foundation (FAF) Board of Trustees for a one-year term, which began Jan. 1, 2022.
As a member of the FASAC, Sloan will advise the Financial Accounting Standards Board (FASB) on strategic and technical issues, project priorities and other matters that affect standard setting. Established in 1973, the FASB is the independent, private-sector organization that establishes financial accounting and reporting standards for public and private companies and not-for-profit organizations that follow Generally Accepted Accounting Principles (GAAP).
“I am honored by this opportunity to represent the academic community on FASAC,” Sloan said. “My research focuses on the role of accounting information in investment decisions, and I look forward to sharing this perspective in the financial accounting standard setting process.”
The FASAC provides the FASB with diverse perspectives from individuals with varied business and professional backgrounds. The new members include executives from KPMG, Morgan Stanley, AT&T and Citigroup; Sloan is the only one selected from the academic community.
“FASAC plays a key role in the standard setting process and, by extension, the efficient functioning of our capital markets,” said Leventhal Dean Bill Holder. “I cannot think of a better choice for membership in this exceptionally important organization. We are, of course, tremendously proud of Richard and celebrate his selection.”
RELATED
Recap: 40th Annual SEC and Financial Reporting Conference
Dean William Holder [Leventhal] and Richard Sloan, Professor of Accounting, Finance and Business Economics, are mentioned in a recap of this year's conference by Accounting Today.
The Role of the Profession: Accounting for Good by William Holder
"Accounting may not have the most obvious path toward bringing justice to the world, saving the planet, housing the homeless or feeding the hungry, but as one exceptionally gifted accounting thinker has observed, accountants can contribute meaningfully to the diminution of the world’s maladies."
— William Holder, Dean of the Leventhal School of Accounting
Setting the Sustainability Reporting Standards Investors Demand
“There is a whole ecosystem evolving to support preparers and users of sustainability reports…These roles are in high demand and require new skills and so should present valuable career opportunities for our students.”
— Richard Sloan, Deloitte and Touche LLP Chair in Accounting and Professor of Accounting, Finance, and Business Economics