Mark L. DeFond
Summary Curriculum Vita
August 2006

EDUCATION

     Ph.D., Business Administration, 1987, University of Washington 

     B.A., Business, 1978, San Francisco State University, Magna Cum Laude 

Positions Held

April 2006      Visiting Professor, Chinese University of Hong Kong

 Sept. 2001     Joseph A. DeBell Professor of Business Administration and Professor of 
 - present        Accounting, Marshall School of Business, University of Southern California.

April 2000    Professor of Accounting, Leventhal School of Accounting, University of 
 - present      Southern California.

June 1995       Associate Professor of Accounting, Hong Kong University of Science and 
- Aug. 1997    Technology (on leave from USC).

Sept. 1993     Associate Professor of Accounting, Marshall School of Business, University
- Feb 2000     of Southern California, (tenure granted Fall 1993). 

Sept. 1987      Assistant Professor of Accounting, Marshall School of Business, 
- Aug. 1993    University of Southern California.

Jan. 1978        Deloitte (Formerly Touche Ross & Co.) (California CPA, 1981, 
- Aug. 1983    currently inactive).

HONORS and AWARDS

      AAA Auditing Section Notable Contribution to Auditing Literature Award, 2006
Dean’s Educator of the Year Award, 2005
Mellon Award for Excellence in Mentoring Faculty, 2005
Marshall MBA Golden Apple Teaching Award, 1992, 1998, 2000 and 2005
Ranked among the ten most outstanding USC MBA faculty in
        Business Week Guide to the Best Business Schools, 1995, 1997 and 2001
Best Paper Award, Seventh Asian-Pacific Conference, Seoul, Korea, 1995
American Accounting Association Doctoral Consortium Representative, 1985
Deloitte, Haskins and Sells Doctoral Fellowship Award, 1986
Certified Public Accountant, California, 1981 (inactive)

RESEARCH

Published Articles

Covrig, V., DeFond, M., Hung, 2006. Home Bias, Foreign Mutual Fund Holdings, and Voluntary Adoption of International Accounting Standards. Journal of Accounting Research forthcoming.

DeFond, M., Hung, M., Trezevant, R., 2006. Investor Protection and the Information Content of Annual Earnings Announcements: International Evidence.  Journal of Accounting and Economics forthcoming.

DeFond, M., Francis, J., 2005. Auditing Research after Sarbanes-Oxley.  Auditing: A Journal of Practice and Theory  
Vol. 25, pp 5-30.

DeFond, M., Hann, R., Hu, X., 2004. Does the Market Value Accounting Expertise on Audit Committees of Boards of Directors?  Journal of Accounting Research Vol. 43, pp 154-194.

DeFond, M., Hung, M., 2004. Investor Protection and Corporate Governance: Evidence from Worldwide CEO Turnover.  Journal of Accounting Research Vol. 42, pp. 269-312.

DeFond, M., Hung, M., 2003. An Empirical Analysis of Analysts’ Cash Flow Forecasts. Journal of Accounting and Economics Vol. 35, pp. 75-100.

DeFond, M., Raghunandan, K., Subramanyam, K.R., 2002. Do Non-Audit Service Fees Impair Auditor Independence? Evidence from Going Concern Audit Opinions. Journal of Accounting Research Vol. 40,  pp. 1247-1274.  

Chen, S., DeFond, M., Park, C. W., 2002. Voluntary Disclosure of Balance Sheet Information in Quarterly Earnings Announcements. Journal of Accounting and Economics Vol. 33,  pp. 229-251.

DeFond, M., Park, C., 2001. The Reversal of Abnormal Accruals and the Market Valuation of Earnings Surprises. The Accounting Review Vol. 76, pp. 375-404.

DeFond, M., Francis, J., Wong, T. J., 2000. Auditor Industry Specialization and Market Segmentation: Evidence from Hong Kong. Auditing: A Journal of Practice and Theory Vol. 19, pp. 49-66.

DeFond, M., Wong, T. J., Li, S., 1999. The Impact of Improved Auditor Independence on Audit Market Concentration in China. Journal of Accounting and Economics Vol. 28, pp. 269-305.

DeFond, M., Park, C., 1999. The Effect of Competition on CEO Turnover. Journal of Accounting and Economics Vol. 27, pp. 35-56.

DeFond, M., Subramanyam, K. R., 1998. Auditor Changes and Discretionary Accruals. Journal of Accounting and Economics Vol. 25, pp. 35-68.

Becker, C., DeFond, M., Jiambalvo, J., Subramanyam, K. R., 1998. The Effects of Audit Quality on Earnings Management. Contemporary Accounting Research Vol. 15, pp. 1-24.

DeFond, M., Park, C., 1997. Smoothing Income in Anticipation of Future Earnings. Journal of Accounting and Economics Vol. 23, pp. 115-139.

Blacconiere, W., DeFond, M., 1997. An Investigation of Audit Opinions and Subsequent Auditor Litigation of Publicly-Traded Failed Savings and Loans. Journal of Accounting and Public Policy Vol. 16, pp. 415-454.

DeFond, M., Ettredge, M., Smith, D., 1997. An Investigation of Auditor Resignations. Research in Accounting Regulation Vol. 11, pp. 25-46.

DeFond, M., Jiambalvo, J., 1994. Debt Covenant Violation and Manipulation of Accruals. Journal of Accounting and Economics Vol. 17, pp. 145-176.

DeFond, M., Jiambalvo, J., 1993. Factors Related to Auditor-client Disagreements Over Income-Increasing Accounting Methods. Contemporary Accounting Research Vol. 9, pp. 415-31.

DeFond, M., 1992. The Association Between Changes in Client Firm Agency Costs and Auditor Switching. Auditing: A Journal of Practice and Theory Vol. 11, pp. 16-31.

DeFond, M., Jiambalvo, J., 1991 Incidence and Circumstances of Accounting Errors. The Accounting Review Vol. 66, pp. 643-655.

Published Discussions

DeFond, M., 2004.  Discussion of the Riskiness of Large Audit Firm Client Portfolios and Changes in Audit Liability Regimes: Evidence from the US Audit Market. Contemporary Accounting Research. Vol. 21.

DeFond, M., 2002. Discussion of The Balance Sheet as an Earnings Management Constraint. The Accounting Review
      Vol. 77, pp. 29-33.

DeFond, M., 2000. Discussion of Differences in Conservatism Between Big Eight and Non-Big Eight Auditors.
       Proceedings of the 15^th Illinois Audit Symposium.

DeFond, M., Smith, D.B., 1991. Discussion of The Financial and Market Effects of the SEC Accounting and Auditing
      Enforcement Releases. Journal of Accounting Research Vol. 29, Supplement.

Working Papers

DeFond, M., Hung, M., 2005. Iinvestor Protection and Analysts' Cash Flow Forecasts Around the World.

EDITORIAL BOARDS AND ASSOCIATE EDITORSHIPS

Journal of Accounting Research (Editorial Board 2003-present)
Journal of Accounting & Economics (Associate Editor 2003-present)
The Accounting Review (Editorial Board 1999-present)
Auditing: A Journal of Practice and Theory (Editorial board 1995-2002 and 2005-present;
            Associated Editor 2002-2005)
Contemporary Journal of Accounting and Economics (Associate Editor 2005-present)
Asia-Pacific Journal of Accounting and Economics (Associate Editor 1999-2005)
Accounting and Finance (Editorial Board 1997-present)
Accounting Horizons (Editorial Board 1997-present)
Journal of International Accounting Research (Editorial Board 2000-2004)