Areas of Responsibility
Tor Harald Hustad is a Lecturer in Accounting and Management Control at Molde University College (HiMolde). Since January 1, 2025, he has also served as a member of the Norwegian Tax Appeal Board (Skatteklagenemnda), which handles appeals related to taxation and VAT.
Hustad is currently pursuing a part-time Executive Master of Management at BI Norwegian Business School, specializing in tax and VAT law.
At HiMolde, Hustad teaches accounting, valuation, and finance-related subjects in the bachelor’s programmes.
He is also actively involved in research and development activities and currently leads a research project within football studies entitled “Player Logistics: Why Are Some Norwegian Professional Football Clubs More Successful in Player Logistics than Others?” He has also published studies on the regional impact of professional football, including analyses of Kristiansund Ballklubb and Molde Fotballklubb. In addition, he is involved in an ongoing project for Regnskap Norge titled “Documentation of Client Understanding in the Accounting Profession: A Study of Methodology, Practice and Quality.”
Hustad supervises bachelor’s and master’s theses, particularly on topics related to football and sports economics. Examples include a bachelor’s thesis on “Wage differences and performance in men’s football” and a master’s thesis titled “The professionalization of women’s football.”
He is particularly focused on combining academic insight with practical experience and works at the intersection of accounting, management control, governance, and strategy across industries and sectors.
Background
Hustad is a State Authorized Public Accountant (CPA equivalent) and has more than 26 years of experience in auditing and advisory services, having worked with PwC, KPMG, BDO, and RSM Norway (now part of Cedra Norway). He has held positions as Partner and Engagement Partner in the latter two firms. Hustad is also a Certified Sustainability Assurance Practitioner and a State Authorized Accountant.
Throughout his auditing career, Hustad has worked with small, medium-sized, and large entities, including listed companies and companies subject to Sarbanes-Oxley (SOX) requirements. Through extensive work with SOX compliance, he has gained substantial practical experience in corporate governance, internal control, and compliance. He also has broad experience in advisory services related to valuation and financial due diligence in connection with transactions, mergers, and demergers. In addition, he has carried out several major advisory assignments related to restructuring, corporate governance, internal control, and tax and VAT issues. Hustad also has extensive experience as an auditor and advisor for football clubs in Norwegian top-tier football.
He has also served as a quality assurance reviewer for the Norwegian Institute of Public Accountants (DnR), conducting independent quality reviews of audit firms and auditors’ work nationwide in accordance with applicable regulations and professional standards.
In addition, he has more than seven years of experience from the public sector as Director of Control in Møre og Romsdal County Authority. In this role, he led the secretariat of the Control Committee and conducted overarching risk assessments of the county authority’s activities as a basis for prioritizing oversight and audit work. He also led major audit and inspection projects, including performance audits focusing on financial management, internal control, and compliance across sectors. This work also included grant management within the cultural and business sectors, including the administration of gaming funds and related criteria, as well as the operation and management of the county authority’s portfolio of ferry and public transport contracts. He has also worked on issues related to labor market crime and social dumping in connection with county infrastructure and investment projects in the transport sector. This work has provided him with strong expertise in principles related to public sector finance, municipal accounting, and budgeting.
Hustad also has previous academic experience as a Lecturer at HVL Business School, Western Norway University of Applied Sciences, Bergen campus.