Richard Sherman, J.D., LL.M., CPA

Professor
Discipline Taught: Accounting
Office: MV 232
Phone: 610-660-1662
Fax: 610-660-1126
Email: rsherman@sju.edu


Education

  • Villanova University - School of Law, 1991, LL.M. (Taxation)
  • Temple University - School of Business Administration, 1982, MBA (Accounting)
  • University of Pennsylvania - Law School, 1975, J.D.
  • University of Pennsylvania - College of Arts & Sciences, 1971, BA (Sociology)

Professional Experience

Saint Joseph's University - Professor - August, 2006 - Present

Saint Joseph's University - Associate Professor - August, 1994 - July, 2006

Saint Joseph's University - Assistant Professor - August, 1989 - July, 1994

Rutgers University - Assistant Professor - July, 1985 - June, 1989

Rutgers University - Instructor - January, 1983 - June, 1985  

Professional Qualifications:

Admitted to the Pennsylvania Bar (November, 1975)

Certified Public Accountant (Delaware, 1989)

Passed CPA Exam on first sitting; received PICPA Certificate of Merit (awarded to highest five scores on May, 1984 CPA Exam)

Professional Associations:

European Accounting Association; American Accounting Association: International and Teaching & Curriculum Sections; American Taxation Association; American Institute of Certified Public Accountants; Institute of Management Accountants; International Association for Accounting Education & Research; Pennsylvania Bar; Pennsylvania Institute of Certified Public Accountants

University Service:

Graduate Council ( 1990-92); Scholarships & Fellowships (1996-1999)

Institute for International Trade, Diplomacy & Development - Faculty Advisory Board (1991-1993)

Board of Faculty Research & Development (1992-1998)

Middle States Accreditation Task Force on Admissions, Enrollment & Quality of Student Life (1993)

University Council (1994-96; Spring 1997)

University Diversity Commission (1996-2001)

University Hearings Board (1998-2000)

Phi Beta Kappa Committee (1998-Present)

Lindback Committee (2000-2004)

Board of Rank & Tenure (2002-2005)

Comprehensive Curriculum Review – Steering Committee (2003-Present)

Faculty Senate – Executive Council (2003-2005)

Haub School of Business Committees:

Academic Policy, Chair (1991-1993); International Programs (1989-1990)

Curriculum (1990-91); Undergraduate Curriculum (1995-96)

Graduate Curriculum (1992-93); Instruction & Outcomes Assessment (1993-95)

Diversity Committee (1994-2001); Chair (1996-2001)

Service Learning (1994-95); Teaching Effectiveness (1994-95)

Beta Gamma Sigma Committee (2000- present); co-chair (2002-present)

College Council - Secretary (2003-2005)

Department of Accounting Committees:

Curriculum (1989-2003); Chair (1995-2001)

Course Coordinator for Financial Accounting (ACC 1011/15) (2004-2008), Federal Income Taxation (ACC 2151/55) (1991-2001)

Accounting Coordinator for Executive MBA Program (1992-94)

Accounting Internship Committee (1997-2005)

 

Courses Taught

 

Spring 2008  Federal Income Tax Advanced Taxes Honors - Managerial Accounting

Fall 2007  Financial Accounting Honors - Managerial Accounting

Spring 2007  Business Policy Special Topics in Federal Taxation Honors - Managerial Accounting

Fall 2006  Financial Accounting Business Policy Honors - Financial Accounting

Spring 2006  Business Policy Advanced Taxes

Fall 2005  Financial Accounting Business Policy

Publications

Sherman, W. R. (2013). Potential Income Tax Benefits for Families with Special Needs Children. Journal Of Accountancy.

Sherman, W. R. (2012). The Most Sustainable Car. Academy of Business Research Journal.

Sherman, W. R. (2012). Does a Foreign Tax Credit Exist at the State Level? Double Taxation and How States Treat Foreign Taxes Paid for Individuals. Journal Of Financial Service Professionals.

Sherman, W. R. (2012). Has Claiming the Dependency Exemption Become Simplified, Clarified, or More Complicated with Recent Changes? Journal Of Financial Service Professionals.

Sherman, W. R. (2012). The Triple Bottom Line: The Reporting of Doing Well & Doing Good. The Journal of Applied Business Research.

Campbell, K. & Sherman, W. R. (2010).  Lists & More Lists: Making Sense of Corporate Reputations.   Journal of International Business & Economics Research, 8 (7), 47-58.  

Sherman, W. R. (2010).  Measuring and Communicating the Value Created by an Organization.   American Journal of Business Education, 3 (5), 87-98.  

 

Sherman, W. R. & DiGuilio, L. (2010).  The Second Round of G3 Reports: Is Triple Bottom Line Reporting Becoming More Comparable.   Journal of Business and Economics Research, 8 (9), 59-77.  

 

Sherman, W. R. (2009).  The Global Reporting Initiative: What Value is Added?   International Business and Economics Research Journal, 8 (5), 9-21.


Understanding Contributions Limits in Retirement Plans. Journal of Personal Finance, 6 (2 & 3), 49-61. 2008.

In Search of an Integrative Theme for the Undergraduate Business Curriculum. Journal of College Teaching and Learning, 4 (12), 59-69. 2007.

You Can't Take It With You: The Required Minimum Distribution Rules. Journal of Financial Services Professionals, 61 (9), 10-14. 2007.

Is Investing Offshore a Legitimate Tax and Asset-Protection Tool? Journal of Financial Services Professionals, 60 (9), 12-16. 2006.

Tax Shelter Reporting Requirements: Am I My Brother's Keeper? Journal of International Taxation, 17 (5), 38-45. 2006

Vacation Home Rentals and Their Rules for Expense Deductibility. Journal of Financial Services Professionals, 60 (1), 10-12. 2006.

Relief from Double Taxation: The Basics. Journal of International Taxation, 16 (3), 16-21. 2005

Offshore Asset Protection Plans: Still Viable After the U.S. Patriot Act? With Thomas M. Brinker, Jr. The Journal of International Taxation. Volume 15,No.11 (November 2004) pp.59-60

Demystifying Offshore Trusts: A Valuable Asset Protection Tool. With Thomas Brinker, Jr. Journal of International Tax. Published August 2004, pp.30-35,60-64 Volume 15 No. 8

Comparing the US and UK CFC Rules. With Thomas Brinker, Jr. The Journal of International Taxation. Vol. 14, No. 5 (May 2003), pp. 18-23, 46-48

Comparing the U.S., OECD and U.N. Model Tax Conventions. With Thomas M. Brinker, Jr. The Journal of Financial Service Professionals. Vol. 57, No. 2 (March, 2003), pp. 68-76

Sustainable Stakeholder Accounting: Beyond Complementary and Towards Integration in Environment Accounting. With David Steingard and Dale Fitzgibbons. A chapter in Research in Corporate Sustainability: The Evolving Theory and Practice of Organizations in the Natural Environment, Mark Starik and Sanjay Sharma, editors. (Edward Elgar Publishing 2003)

Relief from Double Taxation: The Treatment of Foreign Tax Paid at the State Level. With Thomas M. Brinker, Jr. The National Public Accountant (December 2002/January 2003), pp. 34-36

Accounting for Acquisitions and Firm Value. With Oliver Schnusenberg. Academy of Accounting and Financial Studies Journal.

Relief from International Double Taxation. With Thomas M. Brinker, Jr. The Tax Advisor (October 2002), p. 636-638.

Corporate Social Responsibility, Corporate Social Performance, and Sustainable Stakeholder Accounting. The International Business & Economics Research Journal. Vol. 1, No. 3 (March 2002), pp. 43-57.

Accounting for Acquisitions and Firm Value. With Oliver Schnusenberg. Academy of Accounting and Financial Studies Journal. Vol. 5, No. 2 (2001), pp. 99-115.

The Y2K Problem: The View from Corporate Public Disclosures. With WaQar Ghani. Academy of Accounting and Financial Studies Journal, Vol. 3, No.2 (1999), pp.172-189.

An Overlooked Aspect of Vacation Homes. With Thomas M. Brinker, Jr. The National Public Accountant, Vol. 42, No. 9 (November, 1997), pp. 12-15, 38.

Facing a Challenge for the Profession: What’s Needed to Empower Accountants. With Walter G. Tymon, Jr. The National Public Accountant, Vol. 42, No. 2 (March/April, 1997), pp. 40-43.

The Accounting Education Change Commission: A Critical Perspective. With Stanley W. Davis. Critical Perspectives in Accounting, Vol. 7 (1996), pp. 159-189.

Transfer Pricing in an International Setting: Application & Analysis. With Jennifer L. McBride. The OhiCPA Journal, Vol. 54, No. 4 (August, 1995), pp. 28-35.

The Shared Foreign Sales Corporation: A Tax-Saving Opportunity for Small Businesses. The National Public Accountant, Vol. 39, No. 12 (December, 1994), pp. 24-26, 39-41.

Valuations of Closely Held Businesses: Two Approaches. The OhiCPA Journal, Vol. 53, No. 3 (June, 1994), pp. 37-45.

Taxation of Foreign Nationals. With Thomas M. Brinker, Jr. The National Public Accountant, Vol. 38, No. 7 (July, 1993), pp. 24-26, 39-41.

The Unfulfilled Promise of an Envisioned Jewel: An Attempt to Transfer Technology Out of the Former Soviet Union. With Walter G. Tymon, Jr. Journal of Technology Transfer, Vol. 17, No. 4 (Fall, 1992), pp. 20-26.

Tax Consequences of Divorce. With Thomas M. Brinker, Jr. The National Public Accountant, Vol. 37, No. 12 (December, 1992), pp. 24-29.

An Overlooked Teaching Tool: The Analytically Adjusted Debt to Equity Ratio. With Larry M. Prober. Journal of Education for Business, Vol. 67, No. 6 (July/August, 1992), pp. 342-348.

A Cold Front Returns: Repeal of Section 1036(c) Provides Planning Opportunities with Estate Freezes. With A. J. Stagliano. Journal of Financial Planning, Vol. 5, No. 2 (April, 1992), pp. 72-79.

A Half-Dozen Uses for a QTIP. With A. J. Stagliano. The CPA Journal, Vol. LXII, No. 3 (March, 1992), pp. 40-45.

Financial Reporting of Brands: A Case Study in Accounting Fiction. With Larry M. Prober. Business Insights, Vol. X, No. 1 (1991), pp. 22-27.

Another Year, Another Penalty: The Ever-changing State of Civil Penalties. The National Public Accountant, Vol. 35, No. 11 (November, 1990), pp. 24-31.

The Future of Accounting for Postretirement Heath Benefits. With Larry M. Prober. The National Public Accountant, Vol. 35, No. 2 (February, 1990), pp. 24-29.

Financial Statement Analysis in the Undergraduate Accounting Curriculum. With Larry M. Prober. Accounting Educators Journal, Vol. I, No. 2 (Fall, 1988), pp.106-118.

Internationalizing the Accounting Curriculum. The Journal of Accounting Education, Vol. 5 (Fall, 1987), pp. 259-275.

The Accountant and the Standard of Care. The National Public Accountant, Vol. 31, No. 12 (December, 1986), pp. 20-24.

Where's the 'r' in Debit? The Accounting Historians Journal, Vol. 13, No. 2 (Fall, 1986), pp. 137-43.

Publications - Peer or Editorially Reviewed Journals:

Foreign Individuals: U.S. Taxation 101. With Thomas M. Brinker, Jr. The Journal of International Taxation. Vol. 15, No. 2 (February, 2004), pp. 14-21, 47-48.

Relief from Double Taxation: The Treatment of Foreign Tax Paid for Individuals at the State Level. With Thomas M. Brinker, Jr. The National Public Accountant (December 2002/January 2003), pp. 34-36.

VITA: A Means to Compete for the Future. With Robert J. Dunlevy. Pennsylvania CPA Journal (Winter, 2000), pp. 16, 20.

Requests for Changes in Accounting Methods Made Easier. The Tax Adviser (October, 1997), pp. 616-617.

Six Ways to Reward Employees with Nontaxable Fringe Benefits. The Journal of Accounting, Taxation and Finance for Business, Vol. 6, No. 2 (Fall, 1996), pp. 49-58.

Personal Residence vs. Rental Property: Analyzing Loss Carryovers. With Thomas M. Brinker, Jr. The Tax Adviser (October, 1996), pp. 606-608.

Home Sweet Home Away from Home. With Waqar I. Ghani. The Pennsylvania CPA Journal, Vol. 67, No. 2 (June, 1996), pp. 14-16.

The IRS Nonfiler Initiative. With Waqar I. Ghani. Management Accounting, Vol. LXXVI, No. 4 (October, 1994), p. 18.

In the Ebb and Flow of Estate Planning, Don’t Overlook a QTIP. The Pennsylvania CPA Journal, Vol. 66, No. 1 (February, 1995), pp. 12-16.

The New Curriculum: What to Expect from New Recruits and How They Will Impact Your Organization. With Joseph M. Larkin. The Pennsylvania CPA Journal (Fall/Winter, 1992), pp. 20-23.

Getting Compliance Education into the Business Schools. Corporate Conduct Quarterly, Vol. 1, No. 1 (Summer, 1991), pp. 6-7.

Paper Presentations:

Sherman, W. R. (2012). The Triple Bottom Line: The Reporting of the "Doing Well" & "Doing Good". 2012 Orlando International Business & Economics Conference. (Published)

Sherman, W. R. (2012). Citius, Altius, Fortius - Faster, Higher, Stronger? Corporate Social Responsibility in the Sporting Goods Industry . Cambridge Business & Economics Conference.

Campbell, K. & Sherman, W. R. (2010). Lists & More Lists: Making Sense of Corporate Reputations. International Economics Applied Business Research Meeting, Orlando, Florida.

 

Sherman, W. R. & DiGuilio, L. (2010). The Second Round of G3 Reports: Is Triple Bottom Line Reporting Becoming More Comparable? European Applied Business Research Conference, Dublin, Ireland.

 

Sherman, W. R. (2010). Measuring and Communicating the Value Created by an Organization. The College Teaching & Learning Conference (TLC), Orlando, Florida.

 

Sherman, W. R. (2010). Does Adoption of the GRI G3 Framework Make Triple Bottom Line Reporting More Comparable? The Amsterdam Global Conference on Sustainability and Transparency, Amsterdam, Netherlands.

 

Sherman, W. R. (2009). Making Triple Bottom Line Reporting Comparable: Adoption of the GRI's G3 Framework. 2009 Oxford Business & Economics Conference, Oxford, United Kingdom.

 

The Global Reporting Initiative: Is Value Added?    Presented at European Applied Business Research Conference, Salzburg, Austria. June 2008

In Search of an Integrative Theme for the Undergraduate Business Curriculum.   Presented at European Teaching & Learning Conference, Ljubljana, Slovenia. June 2007.

Sustainable Reporting: An Application.   Presented at International Atlantic Economic Conference, London, Great Britain.  March 2005

A Chinese Menu Approach to Financial Reporting. (Abstract only). Proceedings of the 2003 European Applied Business Research Conference. Presented June 13, 2003; Venice, Italy.

Accounting Models for Intellectual Capital: Can One Size Fit All? Presented at the International Atlantic Economics Conference, March 14, 2003; Vienna, Austria.

Sustainable Stakeholder Accounting. With David S. Steingard and Dale E. Fitzgibbons. Research in Corporate Sustainability: The Evolving Theory and Practice of Organizations in the Natural Environment. Presented at the 2002 Annual Meeting of the Academy of Management, August 10, 2002; Denver, Colorado.

A Habermasian Analysis of the Enron/Arthur Andersen Debacle. With Stanley W. Davis. European Critical Accounting Conference. Presented July 19, 2002; Leicester, England.

Intellectual Capital: Hidden Value or Smoke & Mirrors. With Bart Hartman. 25th Congress of the European Accounting Association. Presented April 26, 2002; Copenhagen, Denmark.

Corporate Social Responsibility, Corporate Social Performance & Sustainable Stakeholder Accounting. Proceedings of the 2001 International Business & Economics Research Conference. Presented October 10, 2001; Reno, Nevada.
(Best Session Paper)

The Socially Responsible Business: A Need for Standards Now. European Institute for Advanced Studies in Management; Workshop on Accounting & Regulation. Presented September 29, 2001; Siena, Italy.

Sustainable Stakeholder Accounting: Beyond Complementarily and Towards Integration in Environmental Accounting. With David S. Steingard and Dale E. Fitzgibbons. 2001 Academy of Management National Meeting. August 3-8, 2001;
Washington, D.C.

The Interplay Between Corporate Environmental and Accounting Paradigms. With Lynne M. Andersson and Stanley W. Davis. 2001 Academy of Management National Meeting. August 3-8, 2001; Washington, D.C.

Shifting the Corporate Environmental Paradigm: Implications for Green Accounting. With Lynne M. Andersson and Stanley W. Davis. The XX Congress of European Accountants. April, 1997. Graz, Austria.

Shifting the Corporate Environmental Paradigm: Implications for Green Accounting. With Lynne M. Andersson and Stanley W. Davis. 1997 British Accounting Association Meeting. March 24-26, 1997; Birmingham, United Kingdom.

The Accounting Education Change Commission: A Critical Perspective. (Abstract only). With Stanley W. Davis. Proceedings of the 1994 American Accounting Association National Meeting. Presented August 12, 1994; New York, NY.

The Accounting Education Change Commission: A Critical Perspective. (Abstract only). With Stanley W. Davis. Proceedings of the 1994 Mid-Atlantic American Accounting Association Meeting. Presented April 1, 1994; Atlantic City, NJ.

The Unfulfilled Promise of an Envisioned Jewel: Effects of Differing World Views and Radical Environmental Change on US-Soviet Agreements. With Walter G. Tymon, Jr. Proceedings of the Fifth International Conference on Managing in a Global Economy, pp. 65-68. Presented May 31, 1993; Berlin, Germany.

JMP Paper Products: Implementing the Reporting Requirements for OPEB - A Case Study. (Abstract only).With Larry M. Prober. Proceedings of the 1993 Mid-Atlantic American Accounting Association Meeting. Presented April 17, 1993; Arlington, VA.

OPEB Reporting: The Implementation Decision. With Larry M. Prober. Proceedings of the 1993 Eastern Case Writers Association Meeting, pp. B2-1 t B2-13. Presented March 31, 1993; Philadelphia, PA.

A Cold Front Returns: Repeal of Section 2036(c). (Abstract only). With A. J. Stagliano. Proceedings of the 1991 Academy of Financial Services Meeting. Presented October 9, 1991; Chicago, IL.

A Dozen Uses for a QTIP. (Abstract only). With A. J. Stagliano. Proceedings of the 1990 Academy of Financial Services Meeting. Presented October 24, 1990; Orlando, FL.

The Pension Obligation and Perceptions of Financial Risk: A Look at Initial Adoption of FASB Statement No. 87. (Abstract only). With Larry M. Prober. Proceedings of the 1989 Mid-Atlantic American Accounting Association Meeting. Presented April 7, 1989; Wilmington, DE.

Managerial Implications of Pension Reporting - A Look at Early Adopters of SFAS No. 87. With Larry M. Prober. Proceedings of the 1989 Northeast Decision Science Institute Meeting, pp. 22-27. Presented March 31,1989; Baltimore, MD.

Liability of the Management Accountant. (Abstract only). With Vickie L. Bajtelsmit. Proceedings of the 1988 Mid-Atlantic American Accounting Association Meeting Presented March 30, 1988; University Park, PA.

Book Chapters:

Corporate Compliance Education: Where Are Business Schools? A chapter in Corporate Lawbreaking and Interactive Compliance: Resolving the Regulation-Deregulation Dichotomy. Jay A. Sigler & Joseph E. Murphy, Editors, pp. 129-139 (New York: Quorum Books, 1991).

Sustainable Stakeholder Accounting: Beyond Complementarily and Towards Integration in Environmental Accounting. With David S. Steingard and Dale E. Fitzgibbons. A chapter in Research in Corporate Sustainability: The Evolving Theory and Practice of Organizations in the Natural Environment. Sanjay Sharma & Mark Starik, Editors, pp. 257-294 (Cheltenham, UK: Edward Elgar Press, 2003).

Working Papers:

Pension Accounting and Perceptions of Financial Risk: Effects of the Initial Adoption of SFAS No. 87. With Larry M. Prober. Rider College Working Paper No. 100 (1989).

Shifting the Corporate Environmental Paradigm: Implications for Green Accounting. With Lynne M. Anderson and Stanley W. Davis. Saint Joseph's University; Erivan K. Haub School of Business Working Paper Series #00-13 (Fall 2000).

International Accounting Standards: The History and Inevitable Future. With Thomas M. Brinker, Jr. & Jennifer Carr. Saint Joseph's University; Erivan K. Haub School of Business Working Paper Series #01-14 (2001).

Grants and Awards

 

2005:  Presidential Merit Award for Extraordinary Service, Saint Joseph's University.

2004 - Civic Engagement Service Award for Volunteer Income Tax Assistance

2000 - Christian A. Lindback Foundation Award for Distinguished Teaching

1999 - 2000 - Presidential Merit Award for Excellence in Teaching

1997 - 1998 - Presidential Merit Award for Excellence in Teaching

1998 - IRS Outstanding Achievement Award for Work with the Volunteer Income Tax Program

1996 - Accounting Alumni Pioneer Award for Teaching Innovation

1994 - 1995 - Presidential Merit Award for Excellence in Advising

1991 - 1992 - Presidential Merit Award for Excellence in Teaching

1991 - Lambda Chi Alpha Professor of the Year

1990 - 1991 - Presidential Merit Award for Excellence in Research

Faculty Expert Profile

  • Expertise: Taxation, Corporate Social Responsibillity, International Accounting, Volunteer Income Tax Assistance

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