• DBA, Harvard Business School
  • MBA, Harvard Business School
  • AB Economics, Brandeis University  

Selected Publications

  • “Analyzing Performance of Service Organizations – Balanced Benchmarking Can Identify Best Practices That Are Often Hidden”, with Joe Zhu. Sloan Management Review (Summer 2013).
  • “The Audit Committee's New Agenda:, with R. Brust, D. Carey. Harvard Business Review (June 2009).
  • Fair Value Measurement Answer Book Chicago, IL: Commerce Clearing House (CCH) January 2011 (Approx. 500 pages).
  • “DEA Model with Shared Resources and Efficiency Decomposition”, with Y. Chen, Juan Du, and J. Zhu, European Journal of Operations Research, Vol. 207, No. 1 (November 2010).
  • Service Productivity Management: Improving Service Performance using Data Envelopment Analysis – with Joe Zhu. Springer, Boston 2006 – 354 pages.

Selected Presentations

  • “Opportunities for Accounting Professionals to Add Value to Small and Medium Sized Enterprises (SMEs)”, Keynote address – Auditor 2020 Business' Requirements and Demand Conference – Confederation of Danish Industry, Copenhagen Business School, & Danish Chamber of Commerce, Copenhagen, Denmark, November 2014.
  • “Chinese operating corporations listed on US stock exchanges: The role of the director, CFO, auditor, attorney and investor relations professionals in enhancing value and corporate governance”, Dean's Distinguished Speaker Series, U. of Auckland Business School, New Zealand, March 2014.
  • “Analyzing Performance of Service Organizations”, International DEA Workshop – Jerusalem, Israel, December 2013.
  • “Audit Committee Hot Topics”, National Directors Institute: Executive Exchange, Chicago, November 2013.
  • “Improving Service Productivity and Quality Using DEA: Examples from financial, health and government services”, Federal University of Minas Gerais, Brazil, October 2013.

Research & Teaching Interests

Sherman's research has long focused on financial reporting, performance measurement/management, and financial literacy issues facing corporate management and Boards of Directors in global businesses. He also actively studies methods to improve productivity in health care, financial services, and other service organizations and is an acknowledged expert in Data Envelopment Analysis (DEA), a method for measuring and managing organization productivity. His current research focuses on audit committee responsibilities beyond compliance and governance issues related to Chinese entrepreneurial businesses that have equities traded on US markets, identifying the paths that increase their likelihood of achieving founder and investor goals. 

He is an expert on developing and using financial and non-financial measures to evaluate and manage performance, on fair value accounting and International Financial Reporting Standards (IFRS).

Sherman teaches executive and MBA courses in accounting, control, and global financial statement analysis with a focus international shareholder reporting using IFRS and U.S. GAAP. His industry research and teaching focuses on financial management of high technology, medical technology, financial services, health care, manufacturing and nonprofit organizations.

Industry & Academic Experience

Sherman was an assistant professor of the faculty at the MIT Sloan School of Management prior to joining Northeastern. He has been a visiting professor at INSEAD (France), the Naval Postgraduate School (Monterey, CA), Technion (Israel), Univ. of Auckland, and adjunct professor at the Tufts University School of Medicine. He spent 2004 and 2005 as the Academic Fellow in the Division of Corporate Finance at the Securities & Exchange Commission (SEC), working on current shareholder reporting issues for US and international businesses. Sherman has served as director, manager, and consultant to financial, healthcare, and high technology businesses, including KLA; A.T.Kearney; Bank of America: U.S. Bancorp; Fidelity Brokerage Services (FMR Corp.); U.S. Department of Defense; Department Of Supply and Services (Government of Canada). He has also served as a board member and manager of several new ventures from start-up to IPO and sale to acquiring private and public companies. Sherman is a Certified Public Accountant and practiced with Coopers & Lybrand. He served on an advisory task force of the Financial Accounting Standards Board (FASB) and served as the controller of the Museum of Fine Arts of Boston.

Board experience: Sherman has served on five public company boards and currently serves on the board and as chair of the audit committee of Kingold Jewelry (NASDAQ: KGJI). He also serves on two not for profit boards and as treasurer: American Academy of Dramatic Arts (NY and LA), and D-Tree International (Cambridge and Tanzania). He currently is advising companies preparing for IPOs in the US market and has, as board member, assisted developing businesses in going public and in listing on NASDAQ.

Services to the Profession

Sherman is a member of the editorial board for Health Care Management Science (INFORMS), and the DEA Journal. He is also an active member of AICPA and Massachusetts Society of CPAs. He is also a member of the American Accounting Association and has previously served as chair of the Health Applications Section of INFORMS.

Awards & Recognition

  • Principal Advisor to CCH on IFRS, Commerce Clearing House (2009- 2012).
  • Visiting Scholar: Osaka University (Japan – 2007), Federal University of Minas Gerais (Brazil- 2013), Univ. of Auckland (2014).
  • Financial Accounting Standards Board (FASB) finalist, Financial Accounting Foundation (2006).
  • Academic Fellow, Securities and Exchange Commission (SEC), Division of Corporate Finance, (2004-2005).
  • Keynote Speaker: International conferences, Copenhagen, Denmark (2014), York, UK (2008), Osaka Japan (2007); Xiamen, China (2005); and Toronto, Canada (2004).