W. Richard Sherman
Saint Joseph’s University
Haub School of Business
Department of Accounting
5600 City Avenue
232 Mandeville Hall
Philadelphia, PA 19131-1395
(610)-660-1662
Fax: (610)-660-1126
Email: <rsherman@sju.edu>
Education
Villanova University - School of Law
Degree: Master of Laws (LL.M.) - December, 1991
Area of Concentration: Taxation
Temple University - School of Business Administration
Degree: Master of Business Administration (MBA) - August, 1982
Area of Concentration: Accounting
Honors: 1981 Sigma Tau Phi Award for highest average in the graduate
accounting curriculum
1982 Sigma Tau Phi Award
Beta Alpha Psi (National Accounting Honor Society)
Beta Gamma Sigma (National Business Honor Society)
University of Pennsylvania - Law School
Degree: Juris Doctor (J.D.) cum laude - May, 1975
Honors: W. Foster Reeve, III, Award for work in the area of trusts
University of Pennsylvania - College of Arts & Sciences
Degree: Bachelor of Arts (B.A.) cum laude - December, 1971
Major: Sociology
Honors: Phi Beta Kappa
Academic Experience
Saint Joseph’s University
Haub School of Business
Department of Accounting
Philadelphia, PA 19131-1395
Assistant Professor: August, 1989 - July, 1994
Associate Professor: August, 1994 – July, 2006
Professor: August 2006 - Present
Undergraduate courses taught: Financial Accounting; Managerial Accounting;
Federal Income Taxation; Advanced Taxes; Special Topics in Advanced
Accounting; Business Policy (Team-taught)
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Graduate courses taught: Accounting Concepts; Financial Statement Analysis;
International Accounting; Management Control Systems; Managerial
Accounting; Strategic Management (Team-taught)
Awards: 1990-1991 Presidential Merit Award for Excellence in Research
1991 Lambda Chi Alpha Professor of the Year
1991-1992 Presidential Merit Award for Excellence in Teaching
1994-1995 Presidential Merit Award for Excellence in Advising
1996 Accounting Alumni Pioneer Award for Teaching Innovation
1998 IRS Outstanding Achievement Award for Work with the
Volunteer Income Tax Program
1997-1998 Presidential Merit Award for Excellence in Teaching
1999-2000 Presidential Merit Award for Excellence in Teaching
2000 Christian A. Lindback Foundation Award for Distinguished
Teaching
2004 Civic Engagement Service Award for Volunteer Income Tax
Assistance (VITA)
2004 Philadelphia City Council Citation Honoring VITA
2004 Alpha Sigma Nu – Jesuit Honor Society Honorary Inductee
2004-2005 Presidential Merit Award for Extraordinary Service
2006-2007 Pedro Arrupe Center for Business Ethics Teaching Fellow
Rutgers University - School of Business - Camden, NJ 08102
Instructor: January, 1983 - June, 1985
Assistant Professor: July, 1985 - June, 1989
Undergraduate courses taught: Financial Accounting; Managerial Accounting;
Intermediate Accounting; Business Finance; Business Law; Advanced
Business Law
Accounting Society Award for Teaching Excellence, 1985-86; 1986-87;
1987-88; 1988-89
Scholarship
Publications
 W. Richard Sherman. Where’s the ‘r’ in Debit? The Accounting Historians
Journal, Vol. 13, No. 2 (Fall 1986), pp. 137-43.
 W. Richard Sherman. The Accountant and the Standard of Care. The National
Public Accountant, Vol. 31, No. 12 (December, 1986), pp. 20-24.
 W. Richard Sherman. Internationalizing the Accounting Curriculum. The
Journal of Accounting Education, Vol. 5 (Fall 1987), pp. 259-275.
 Larry M. Prober & W. Richard Sherman.* Financial Statement Analysis in the
Undergraduate Accounting Curriculum. Accounting Educators Journal, Vol. I,
No. 2 (Fall 1988), pp.106-118.
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Authors listed alphabetically. Equal contribution.
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*
Larry M. Prober & W. Richard Sherman.* The Future of Accounting for
Postretirement Heath Benefits. The National Public Accountant, Vol. 35, No. 2
(February 1990), pp. 24-29.
W. Richard Sherman. Another Year, Another Penalty: The Ever-changing State
of Civil Penalties. The National Public Accountant, Vol. 35, No. 11 (November
1990), pp. 24-31.
W. Richard Sherman & Larry M. Prober. Financial Reporting of Brands: A Case
Study in Accounting Fiction. Business Insights, Vol. X, No. 1 (1991), pp. 22-27.
W. Richard Sherman. Getting Compliance Education into the Business Schools.
Corporate Conduct Quarterly, Vol. 1, No. 1 (Summer 1991), pp. 6-7.
W. Richard Sherman & A. J. Stagliano. A Half-Dozen Uses for a QTIP. The
CPA Journal, Vol. LXII, No. 3 (March 1992), pp. 40-45.
W. Richard Sherman & A. J. Stagliano. A Cold Front Returns: Repeal of
Section 1036(c) Provides Planning Opportunities with Estate Freezes. Journal of
Financial Planning, Vol. 5, No. 2 (April 1992), pp. 72-79.
Larry M. Prober & W. Richard Sherman. An Overlooked Teaching Tool: The
Analytically Adjusted Debt to Equity Ratio. Journal of Education for Business,
Vol. 67, No. 6 (July/August, 1992), pp. 342-348.
Joseph M. Larkin & W. Richard Sherman.* The New Curriculum: What to
Expect from New Recruits and How They Will Impact Your Organization. The
Pennsylvania CPA Journal (Fall/Winter 1992), pp. 20-23.
W. Richard Sherman & Thomas M. Brinker, Jr. Tax Consequences of Divorce.
The National Public Accountant, Vol. 37, No. 12 (December 1992), pp. 24-29.
W. Richard Sherman & Walter G. Tymon, Jr.* The Unfulfilled Promise of an
Envisioned Jewel: An Attempt to Transfer Technology Out of the Former Soviet
Union. Journal of Technology Transfer, Vol. 17, No. 4 (Fall, 1992), pp. 20-26.
W. Richard Sherman & Thomas M. Brinker, Jr. Taxation of Foreign Nationals.
The National Public Accountant, Vol. 38, No. 7 (July, 1993), pp. 24-26, 39-41.
W. Richard Sherman. Valuations of Closely Held Businesses: Two Approaches.
The Ohio CPA Journal, Vol. 53, No. 3 (June, 1994), pp. 37-45.
W. Richard Sherman & Waqar I. Ghani. The IRS Nonfiler Initiative.
Management Accounting, Vol. LXXVI, No. 4 (October 1994), p. 18.
W. Richard Sherman. 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.
W. Richard Sherman. 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.
Authors listed alphabetically. Equal contribution.
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*
W. Richard Sherman & Jennifer L. McBride. Transfer Pricing in an
International Setting: Application & Analysis. The Ohio CPA Journal, Vol. 54,
No. 4 (August 1995), pp. 28-35.
W. Richard Sherman & Waqar I. Ghani. Home Sweet Home Away from Home.
The Pennsylvania CPA Journal, Vol. 67, No. 2 (June 1996), pp. 14-16.
Thomas M. Brinker, Jr. & W. Richard Sherman.* Personal Residence vs. Rental
Property: Analyzing Loss Carryovers. The Tax Adviser (October 1996), pp. 606608.
W. Richard Sherman. 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.
Stanley W. Davis & W. Richard Sherman.* The Accounting Education Change
Commission: A Critical Perspective. Critical Perspectives in Accounting, Vol. 7
(1996), pp. 159-189.
W. Richard Sherman & Walter G. Tymon, Jr.* Facing a Challenge for the
Profession: What’s Needed to Empower Accountants. The National Public
Accountant, Vol. 42, No. 2 (March/April 1997), pp. 40-43.
W. Richard Sherman. Requests for Changes in Accounting Methods Made
Easier. The Tax Adviser (October 1997), pp. 616-617.
W. Richard Sherman & Thomas M. Brinker, Jr. An Overlooked Aspect of
Vacation Homes. The National Public Accountant, Vol. 42, No. 9 (November
1997), pp. 12-15, 38.
WaQar I. Ghani & W. Richard Sherman.* The Y2K Problem: The View from
Corporate Public Disclosures. Academy of Accounting and Financial Studies
Journal, Vol. 3, No.2 (1999), pp.172-189.
Robert J. Dunlevy & W. Richard Sherman.* VITA: A Means to Compete for the
Future. Pennsylvania CPA Journal (Winter 2000), pp. 16, 20.
Oliver Schnusenberg & W. Richard Sherman. Accounting for Acquisitions and
Firm Value. Academy of Accounting and Financial Studies Journal. Vol. 5, No. 2
(2001), pp. 99-115.
W. Richard Sherman. 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.
Thomas Brinker, Jr. & W. Richard Sherman. Relief from International Double
Taxation. The Tax Adviser (October 2002) p. 636-638.
Authors listed alphabetically. Equal contribution.
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*
W. Richard Sherman & Thomas Brinker, Jr. Relief from Double Taxation: The
Treatment of Foreign Tax Paid for Individuals at the State Level. The National
Public Accountant (December 2002/January 2003), pp. 34-36.
Thomas M. Brinker, Jr. & W. Richard Sherman.* Comparing the U.S., OECD
and U.N. Model Tax Conventions. The Journal of Financial Service
Professionals. Vol. 57, No. 2 (March 2003), pp. 68-76.
Thomas M. Brinker, Jr. & W. Richard Sherman.* Comparing the U.S. and U.K.
CFC Rules. The Journal of International Taxation. Vol. 14, No. 5 (May 2003),
pp. 18-23, 46-48.
Thomas M. Brinker, Jr. & W. Richard Sherman.* Foreign Individuals: U.S.
Taxation 101. The Journal of International Taxation. Vol. 15, No. 2 (February
2004), pp. 14-21, 47-48.
Thomas M. Brinker, Jr., Thomas P. Langdon & W. Richard Sherman.
Demystifying Off-shore Trusts: A Valuable Asset Protection Tool. The Journal of
International Taxation.Vol. 15, No. 8 (August 2004), pp. 30-35, 60-64.
Thomas M. Brinker, Jr. & W. Richard Sherman. Offshore Asset Protection
Plans: Still Viable After the U.S. Patriot Act? The Journal of International
Taxation. Vol. 15, No. 11 (November, 2004), pp. 59-60.
Thomas M. Brinker, Jr. & W. Richard Sherman.* Relief from Double Taxation:
The Basics. The Journal of International Taxation. Vol. 16, No. 3 (March 2005),
pp. 16-21.
W. Richard Sherman & Thomas M. Brinker, Jr. Vacation Home Rentals and
Their Rules for Expense Deductibility. The Journal of Financial Service
Professionals. Vol. 60, No. 1 (January 2006), pp. 10-12.
W. Richard Sherman & Thomas M. Brinker, Jr. Am I My Brother’s Keeper?
The Journal of International Taxation. Vol. 17, No. 5 (May 2006), pp. 38-45.
Thomas M. Brinker, Jr. & W. Richard Sherman. Is Investing Offshore a
Legitimate Tax and Asset-Protection Tool? The Journal of Financial Service
Professionals. Vol. 60, No. 9 (September 2006), pp. 12-16.
Thomas M. Brinker, Jr. & W. Richard Sherman. Capitalizing on Tax Benefits
for Parents of Children with Special Needs. Exceptional Parent, Vol. 36, No. 11
(November 2006), pp. 28-30.
Thomas M. Brinker, Jr. & W. Richard Sherman. Capitalizing on Tax Benefits
for Parents of Children with Special Needs – Part 2. Exceptional Parent, Vol. 36,
No. 12 (December 2006), pp. 44-48.
Thomas M. Brinker, Jr. & W. Richard Sherman. You Can’t Take It With You:
The Required Minimum Distribution Rules. The Journal of Financial Service
Professionals. Vol. 61, No. 9 (September 2007), pp. 10-14.
Authors listed alphabetically. Equal contribution.
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Thomas M. Brinker, Jr. & W. Richard Sherman. Using Tax Conduits in
Financial and Estate Planning: An Integrative Asset Protection Approach with
Family Limited Partnerships and Offshore Trusts. Journal of Practical Estate
Planning. (December 2007/January 2008), pp. 51-63.
W. Richard Sherman. In Search of an Integrative Theme for the Undergraduate
Business Curriculum. Journal of College Teaching & Learning. Vol. 4, No. 12
(December 2007), pp. 59-69.
Thomas M. Brinker, Jr. & W. Richard Sherman. Identifying Some Key Tax
Benefits for Parents of Children with Special Needs. The ElderLaw Report, Vol.
XIX, No. 8 (March 2008), pp. 1-5.
W. Richard Sherman & Thomas M. Brinker, Jr. Understanding Contribution
Limits in Retirement Plans. Journal of Personal Finance. In Press.
Book Chapters:
 W. Richard Sherman. 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).
 W. Richard Sherman, David S. Steingard and Dale E. Fitzgibbons. Sustainable
Stakeholder Accounting: Beyond Complementarity and Towards Integration in
Environmental Accounting. With 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:
 Larry M. Prober & W. Richard Sherman.* Pension Accounting and Perceptions
of Financial Risk: Effects of the Initial Adoption of SFAS No. 87. With. Rider
College Working Paper No. 100 (1989).
 W. Richard Sherman, Lynne M. Andersson and Stanley W. Davis. Shifting the
Corporate Environmental Paradigm: Implications for Green Accounting. Saint
Joseph's University; Erivan K. Haub School of Business Working Paper Series
#00-13 (Fall 2000).
 Thomas M. Brinker, Jr., Jennifer Carr & W. Richard Sherman. International
Accounting Standards: The History and Inevitable Future. With Saint Joseph's
University; Erivan K. Haub School of Business Working Paper Series #01-14
(2001).
Proceedings & Presentations:
 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.
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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.
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.
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.
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.
OPEB Reporting: The Implementation Decision. With Larry M. Prober.
Proceedings of the 1993 Eastern Case Writers Association Meeting, pp. B2-1 to
B2-13. Presented March 31, 1993; Philadelphia, PA.
JMP Paper Products: Implementing the Reporting Requirements for OPEB - A
Case Study. (Abstract only).With Larry M. Prober. Proceedings of the 1993 MidAtlantic American Accounting Association Meeting. Presented April 17, 1993;
Arlington, VA.
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.
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 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.
Shifting the Corporate Environmental Paradigm: Implications for Green
Accounting. With Lynne M. Andersson and Stanley W. Davis. 1997 British
Accounting Association Meeting. Presented by Davis on March 24-26, 1997;
Birmingham, United Kingdom.
Shifting the Corporate Environmental Paradigm: Implications for Green
Accounting. With Lynne M. Andersson and Stanley W. Davis. The XX Congress
of European Accountants. Presented by Davis on April, 1997. Graz, Austria.
Facing a Challenge for the Profession: The Empowerment of Accountants. With
Walter G. Tymon, Jr. Mid-Atlantic American Accounting Association Meeting.
Presented April 10, 1997; Baltimore, MD.
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.
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Sustainable Stakeholder Accounting: Beyond Complementarity 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 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.
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)
Intellectual Capital: Hidden Value or Smoke & Mirrors. With Bart Hartman. 25th
Congress of the European Accounting Association. Presented April 26, 2002;
Copenhagen, Denmark.
A Habermasian Analysis of the Enron/Arthur Andersen Debacle. With Stanley W.
Davis. European Critical Accounting Conference. Presented by Davis on July 19,
2002; Leicester, England.
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.
Accounting Models for Intellectual Capital: Can One Size Fit All?
Presented at the 57th International Atlantic Economics Conference, March 14,
2003; Vienna, Austria.
A Chinese Menu Approach to Financial Reporting. (Abstract only). Proceedings
of the 2003 European Applied Business Research Conference. Presented June 13,
2003; Venice, Italy.
Sustainable Reporting: An Application. Presented at the 59th International Atlantic
Economics Conference, March 11, 2005; London, England.
Business Policy with an Ignatian Twist. With Stephen J. Porth. Presented at the
2006 Colleagues in Jesuit Business Education. Gonzaga University; July 28,
2006; Spokane, WA.
Using the Balanced Scorecard as an Integrative Theme in the Undergraduate
Business Curriculum. Presented at the 2006 Colleagues in Jesuit Business
Education. Gonzaga University; July 29, 2006; Spokane, WA.
In Search of an Integrative Theme for the Undergraduate Business Curriculum.
Presented at the European Teaching & Learning Conference; June 13, 2007;
Ljubljana, Slovenia.
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)
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Professional Associations
American Accounting Association: International and Teaching & Curriculum Sections;
American Taxation Association; American Institute of Certified Public Accountants;
Institute of Management Accountants; European Accounting Association; International
Association for Accounting Education & Research; Pennsylvania Bar; Pennsylvania
Institute of Certified Public Accountants
University Service
University Committees:
Graduate Council (1990-92)
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 (1993-4)
University Council (1994-96; Spring 1997; Fall 2006-Present)
University Diversity Commission (1996-2001)
Scholarships & Fellowships (1996-1999)
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)
Comprehensive Curriculum Review – Curriculum Architecture Working Group
(Chair; 2004-Present)
Faculty Senate – Executive Council (2003-2005)
Institutional Planning Committee (2005-Present)
Library Building Project - Executive Committee (2007-Present)
Haub School of Business Committees:
International Programs (1989-1990)
Curriculum Committee (1990-91)
Academic Policy, Chair (1991-1993)
Graduate Curriculum AASCB Task Force (1992-93)
MBA Curriculum (1993)
Instruction & Outcomes Assessment (1993-95)
Diversity Committee (1994-2001); Chair (1996-7; 1998-2001); Co-chair (1997-8)
Service Learning (1994-95)
Teaching Effectiveness (1994-95)
Undergraduate Curriculum (1995-96)
Beta Gamma Sigma Committee (2000-present); co-chair (2002-present);
Secretary-Treasurer (2006-Present)
HSB College Council - Secretary (2003-Present)
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Department of Accounting Committees:
Curriculum (1989-2003); Chair (1995-2001)
Student Assessment/Student Outcomes, 1989-Present; Chair (1989-2001; 20022003)
Course Coordinator for Financial Accounting (ACC 1011/15) (1990-2001;
2002- 2003)
Accounting Coordinator for Executive MBA Program (1991-94)
Volunteer Income Tax Assistance Program; Site Coordinator (1994-Present)
Accounting Internship Committee (1997-2001)
Library Liaison (1997-1999; 2002-2005)
Sutula Scholarship Committee (1998-Present)
Administrative Policy & Faculty Recruiting (2004-Present)
Prizes and Awards (2005-Present)