Title: Senior Professor, College of Business & Management

Campus: Chicago, Ill.

Richard Monbrod is a senior professor at DeVry University where he specializes in financial accounting. He shares his expertise with students by teaching various business, finance and accounting courses, and he also has assisted with the DeVry University Senior Project Program.

For over twenty years, Mr. Monbrod has played a vital role in both the Chicago campus community and the business and management department. He founded the DeVry-Chicago Student Achievement Scholarship, helping several students to take advantage of DeVry University’s business program and begin successful careers. In addition to teaching at DeVry University, Mr. Monbrod has spent time teaching at Elgin Community College and Robert Morris College. He also has served as a program administrator for the Corporation for Affordable Housing in McHenry County, a financial consultant for Turner Associates and a staff accountant for Coca-Cola Bottling Company.

Mr. Monbrod is currently a member of the Institute of Management Accountants, Institute of Internal Auditing, American Accounting Association and the Illinois Accounting Teachers Conference – Planning Committee. He has twice been honored with DeVry University’s Ron Taylor President’s Award, for founding the DeVry University Student Achievement Scholarship and for excellence in teaching.

Thought Leadership

-       Believes it is essential for accounting professionals to be comfortable with the application of International Financial Reporting Standards (IFRS) in a global business environment.

-       Professionals will need to become more flexible and have the ability to go above and beyond to provide outstanding goods and services. Service providers –whether they are accountants, lawyers or doctors – must strive to provide excellent client service, or they risk losing their clients to competitors. Many companies have already started to outsource their accounting department activities to firms operating inside, as well as outside, the U.S.

-       It is imperative that accounting professionals know how to utilize technology in an efficient manner. Accountants should also possess a solid understanding of how technology can be effectively implemented in order to improve financial and managerial reporting, as well as corporate audits.


To schedule an interview with Richard Monbrod, please contact Katie Pearson at 312-861-5248 or katie.pearson@mslgroup.com.

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