Ralph D. Licastro, CPA*, CFE

Senior Lecturer in Accounting
Smeal College of Business Faculty Bio



320 Business Building

University Park, PA 16802

Office Phone - 814-865-9252

Email:  mailto:rdl2@psu.edu



B.S. Mathematics, 1965

M.S. Accounting, 1971


Over 30 years experience in public accounting including forensic accounting and auditing, business valuation, litigation support services, small business consulting, and alternative dispute resolution. Author and co-author of several publications and continuing education programs on accounting, taxation and litigation services.


Principles of Auditing
This course integrates assurance services and control systems concepts with other accounting and information systems knowledge. Major themes of the course include:

    Ethical standards relating to assurance services. 

    Identification of management assertions and assessment of risk components, including fraud risk factors, necessary to develop procedures to gather appropriate audit evidence. 

   Analysis of transactions and transaction cycles. 

   Reporting audit findings. 

   Development of individual writing skills for clear and precise business communication.

   Exploraiton of contemporary issues in public accounting.

Forensic Accounting
Investigation and analysis of financial data to solve unstructured problems.

Exploration and application of a variety of investigative accounting, valuation, damage assessment and litigation support techniques.

Practice in the improvement of analytical and critical thinking skills and their application  in forensic accounting analysis.

Development of individual writing skills relating to reporting investigative findings.


         Professional Memberships: American Institite of CPAs, Pennsylvania Institute of CPAs, National Association of Certified Valuation Analysts, Association of Certified Fraud Examiners, AICPA Forensic & Litigation Services Division

         Past President of the PICPA Central Chapter and member of various chapter and
state committees, including Litigation Services Committee.

         Former managing partner of Licastro Reidy Urish Popeck & Co., LLC., Accountants & Consultants.

         Lecturer and discussion leader for continuing education courses.

         Trained mediator. Workshop facilitator for Alternatives to Violence Project (AVP).


         "The CPAs Role in Alternative Dispute Resolution, Pennsylvania CPA Journal, 1995, 66(6), pp. 30-31. 

         "Tax Strategies for Physical Education and Parks & Recreation Professionals" 1981, Co-author, Venture Publishing, Inc. 

         "Meeting Client Needs" 1985, Co-author of Kellog Foundation funded continuing education program adopted by AICPA. 

         A Note on Income Smoothing, The Accounting Review, July, 1968 (Vol. XLIII, No.3), pp. 540-545.

*CPA - Currently inactive



Page maintained by: rdl2@psu.edu