Jalal Soroosh
Department of Accounting
Joseph A. Sellinger, S.J., School of Business and Management
Loyola University Maryland
General Information:
Office Address:
Telephone:
E-Mail:
303 Sellinger Hall
(410) 617-2543
Jsoroosh@loyola.edu
Awards:
Lybrand Certificate of Merit by Institute of Management Accountant for “How to
Adopt IFRS in Five Steps,” Strategic Finance, (September 2011), 53-60.
New York State Society of CPA 2004 Max Block Award for “Accounting for
Special Purpose Entities Revised: FASB Interpretation 46R,” published in the
CPA Journal, July 2004.
Most Valued Professor, selected by MBA Fellows class of 2007
KPMG Faculty Fellow for two years (2000-2001)
Alpha Sigma Nu
Professional Certification:
Certified Management Accountant
Education:
Ph.D., Accounting - University of Mississippi, University, Mississippi, 1978 - 1981.
M.B.A., Accounting - George Washington University, Washington, D.C., 1975 1978.
B. S., Accounting - Iranian Institute of Advanced Accounting, Tehran, Iran, 1970 1974.
Employment History:
Professor of accounting, Loyola College, July 1995 - present
Chairman, Department of Accounting, Loyola College,
July 1994 – May 2002
Associate professor of accounting, Loyola College, September 1987 - June 1995
Assistant professor of accounting, Loyola College, September 1983 - August 1987
Assistant professor of accounting, University of Tennessee at Chattanooga, Sept.
1981 - August 1983
Adjunct faculty, University of Mississippi, 1979-1981.
Jalal Soroosh
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Teaching Areas:
Financial and Managerial Accounting at undergraduate, MBA and XMBA levels.
Practical Experiences:
Teaching in MBA and XMBA in China and consulting with Chinese Companies
Consultant, Reznick, Fedder, & Silverman
Consultant, NeighborCare Pharmacies
Intermediate consultant, C. W. Amos & Co.
Internal auditor, McCormick & Company
Audit staff, Arthur Andersen & Co.
Audit staff, faculty resident, Coopers & Lybrand
Intellectual Contributions:
Book and Book Chapters:
Soroosh, Jalal, Various Chapters in "The Encyclopedia of Journal Entries." Edited
by Gordon S. May, (AIPB, 2010).
Soroosh, Jalal, Various Chapters in "The Encyclopedia of Journal Entries." Edited
by Gordon S. May, (AIPB, 2007).
Soroosh, Jalal, Various Chapters in "The Encyclopedia of Journal Entries." Edited
by Gordon S. May, (AIPB, 2004).
Soroosh, Jalal, Various Chapters in "The Encyclopedia of Journal Entries." Edited
by Gordon S. May, (AIPB, 1998).
Soroosh, Jalal, Various Chapters in "The Encyclopedia of Journal Entries." Edited
by Gordon S. May, (AIPB, 1996).
Soroosh, Jalal, Various Chapters in "The Encyclopedia of Journal Entries." Edited
by Gordon S. May, (AIPB, 1994).
Soroosh, Jalal, An Empirical Evaluation of FAS 33, “Financial Reporting and
Changing Prices,” Research for Business Decisions, No. 55 (UMI Research Press,
1982).
Refereed Journal Articles:
Langmead, Joseph, Soroosh, Jalal, et.al. “How to Adopt IFRS in Five Steps,”
Strategic Finance, (September 2011), 53-60.
Langmead, Joseph and Soroosh, Jalal, “Accounting for Financial Instruments – More
Turmoil Ahead,” The CPA Journal, (February 2011), 6-12.
Jalal Soroosh
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Langmead, Joseph and Soroosh, Jalal, “Current Perspectives on IFRS: A Survey
of CPAs in Public Practice,” The CPA Journal, (August 2010), 12-18.
Langmead, Joseph and Soroosh, Jalal, “Roadmap to IFRS 1: Initial Adoption of
IFRS by US Companies,” The CPA Journal, (October 2009), 24-29.
Soroosh, Jalal and Zhu, Hong, “CFOs and Controller find FIN 46(R) not useful,”
Journal of Corporate Accounting and Finance, (September/October, 2009), 71-82.
Langmead, Joseph and Soroosh, Jalal, “International Financial Accounting
Standards: A Primer,” The CPA Journal, (March, 2009), 2-9.
Soroosh, Jalal, Zhu, Hong, and Phillips-Wren, Gloria, “A Shift in the Income Effect
of Changes in Accounting Principles: 1993-2003 Time Period,” Review of Business
Research, (2008), 51-67.
Soroosh, Jalal and Espahbodi, Pouran, “New Accounting Rules for Postretirement
Benefits: How SFAS 158 May Affect A Company’s Financial Statements,” The CPA
Journal (January, 2007), 28-35.
Soroosh, Jalal and Ciesielski, Jack, “Accounting for Special Purpose Entities
Revised: FASB Interpretation No. 46, Consolidation of Variable Interest Entities,”
The CPA Journal (July, 2004), 30-37.
Soroosh, Jalal and Ciesielski, Jack, “When Good Assets Go Bad,” The CPA
Journal (December, 2002), 43-49.
Soroosh, Jalal, “A Look at the Attraction and Retention Problem in Public
Accounting Profession: A New Dimension,” The Journal of Business and Economic
Perspectives (Fall/Winter, 1997), 126-136.
Soroosh, Jalal and Marion H. Harris, “Recruitment and Retention of Accountants in
a Global Market,” Published in the Reading Book of the 1994 Annual Meeting of
the Academy of Business Administration (January, 1995).
Soroosh, Jalal and Michenzi, Alfred, “Postretirement Benefits Other Than
Pensions: Users and Prepares Express Their Views, “Corporate Controller
(January/February, 1992), 18-23.
Soroosh, Jalal and Terry L. Musika, “Implementing SOP 90-7 for Bookkeeping and
Financial Reporting of Companies in Chapter 11,” The Journal of Professional
Bookkeeping and Management (Spring 1992), 23-30.
Soroosh, Jalal; John Guercio; and Pouran Espahbodi, “CEOs and CFAs Support
the New Code of Professional Ethics,” The Journal of Business and Economic
Perspectives (Fall, 1992), 22-26.
Jalal Soroosh
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Soroosh, Jalal and Terry L. Musika, “Financial Reporting Under Chapter 11,” The
CPA Journal (December 1991), 56-57.
Soroosh, Jalal, “Merger, Is It the Answer?” The CPA Journal (February 1988),
80-82.
Soroosh, Jalal, “CPAs and Taxpayers Express Concern Over the IRS's Access to
Auditors' Workpapers,” Management Accounting (June, 1988), 44-49.
Soroosh, Jalal, “Financial Reporting and Changing Prices, Should It Be
Eliminated?” Journal of Business and Economic Perspectives (Fall 1988), 10-15.
Soroosh, Jalal and Flesher, D., “Riverboat Accounting and Profitability: The Betsey
Ann,” The Journal of Mississippi History (February, 1987), 23-33.
Soroosh, Jalal and Morgan, R., “CEOs Welcome the Code of Ethics for
Management Accountants,” International Journal of Management (June, 1987),
146-154.
Soroosh, Jalal, Morgan, R. and Woelfel, C, “Are Ethics Dangerous to Your Job?”
Management Accounting (February, 1985), 24-32.
Soroosh, Jalal and Flesher, D., “Mississippi River Steamboat Accounting,” AAA
Mid-Atlantic Regional Meeting Proceedings (May, 1986), 278-287.
Soroosh, Jalal and Flesher, D., “Should Advertising be Accounted for as an
Investment?” Strategy and Executive Action (Fall, 1986), 13-16.
Soroosh, Jalal and Brown, R.L., “When How, Why Should Loan Fees Be
Recognized? Comments on Accounting for Nonrefundable Fees and Costs
Associated with Originating or Acquiring Loans.” Savings Institutions, (July, 1985),
74-77.
Soroosh, Jalal and Griffin, R., “A Study of the Image of the CMA Program,” Journal
of Business and Economic Perspectives (Spring, 1985), 25-29.
Soroosh, Jalal and Flesher, D., “Controllers Say FAS 33 Is Not Very Useful,”
Management Accounting (January 1983), 50-53.
Soroosh, Jalal and Flesher, D., “Factors Affecting Accountants' Fees,” CPA
Journal (July 1980), 27-32.
Jalal Soroosh
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Professional Program Presentations:
Soroosh, Jalal, Langmead, Joseph, “Current Perspective on IFRS: A Survey of
CPAs in Public Practice,” presented at the International Accounting Section of the
AAA, January 2010.
Soroosh, Jalal, Zhu, Hong, “CFOs and Controller find FIN 46(R) not useful,”
presented at the AAA Public Interest Section Annual Meeting, April 2009.
Soroosh, Jalal, Zhu, Hong, and Phillips-Wren, Gloria, “A Shift in the Income Effect
of Changes in Accounting Principles: 1993-2003 Time Period,” presented at the
Annual Meeting of the International Academy of Business and Economics, October
2008.
Soroosh, Jalal, Zhu, Hong, and Phillips-Wren, Gloria, “A Shift in the Income Effect
of Changes in Accounting Principles: 1993-2003 Time Period,” presented at AAA
Mid-Atlantic Region meeting, (April 25, 2008).
Soroosh, Jalal, “Impact of the 150-hour Requirement in Maryland,” presentation on
a panel sponsored by MACPA, (May, 1998).
Soroosh, Jalal, “The 150-hour requirement in Maryland,” presentation on a panel
sponsored by MACPA, (January, 1998).
Soroosh, Jalal and Marion H. Harris, “Recruitment and Retention of Accountants in
a Global Market,” Presented at the 1994 Annual Meeting of the Academy of
Business Administration (December, 1994).
Soroosh, Jalal, “FASB Update: a workshop presented to the First National Bank
Loan Officers (February 6, 1992).
Soroosh, Jalal, Espahbodi, H., and Espahbodi P., “Information Needs of Financial
Statement Users in Predicting Changes in Cash Flows,” presented at the American
Statistical Association Annual Meeting (August, 1987).
Soroosh, Jalal and Flesher, D., “Mississippi River Steamboat Accounting,”
presented at the American Accounting Association (AAA) Mid-Atlantic Regional
Meeting (May, 1986).
Soroosh, Jalal, Flesher, D., and Givens, H., “Riverboat Steamship Accounting: The
Betsey Ann,” Presented at the AAA National Meeting (August, 1986).
Jalal Soroosh
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Professional Memberships:
American Accounting Association
The Institute of Management Accountants
Omicron Delta Epsilon
Beta Gama Sigma