Professors Receive Grants for Management Accounting Research

The Institute awarded research grants for 2008–2009 to accounting and management professors Barry Mishra and Erik Rolland of the A. Gary Anderson Graduate School of Management at the University of California–Riverside; and Shannon W. Anderson of Rice University and Anne M. Lillis of the University of Melbourne, Australia.

The awards were granted in collaboration with the Management Accounting Section of the American Accounting Association.

Also, Kristy Towry, assistant professor of managerial accounting and finance at Emory University’s Goizueta Business School, received the Best Early Career Researcher Award from the AICPA.

The award was co-sponsored by the Chartered Institute of Management Accountants in the U.K. and the Society of Management Accountants (CMA Canada) and granted in collaboration with the Management Accounting Section of the American Accounting Association. The $2,000 grant is given to a researcher with the best overall body of research in management accounting, completed within the first five years of joining a faculty.

Mishra and Rolland will study “A Strategic Framework for Internal Control Risk Identification and Analysis.” They propose to develop a strategic risk analysis framework that better integrates people, processes and technology in a company’s total internal control risk profile.

Anderson and Lillis will study “The Impact of Firm Strategy and Culture on Cost Restructuring.” They will extend their current research in Australia to AICPA members to gain data on cost management and restructuring decisions.

Towry’s research on the use of accounting information for managerial decision making, with a special focus on managerial control systems and financial incentives, has been in several publications. Her research also examines control systems in a teamwork setting.