GASB Offers $5K Grant; Proposals Due May 28

GASB is soliciting proposals for the Gil Crain Memorial Research Grant. Applications for the $5,000 grant are due May 28. GASB will announce the recipient on June 15. The grant encourages the academic community to conduct applied research that is relevant to the board’s standard-setting activities. Applicants’ proposals may address topics listed in GASB’s 2010 Request for Research or suggest their own topic.

Two broad areas of research are particularly important to GASB: research on existing standards and studies of issues that have not been addressed. For existing standards, the board attempts to monitor the implementation of its new standards to identify difficulties that may arise in practice. The board said it is committed to examining standards that have been in effect for at least five years. The second area of research examines issues that are not yet addressed by standards or that have previously been identified as being insufficiently addressed.

The request for research funding should be attached as a Word document in an e-mail to David Bean, GASB director of Research and Technical Activities, at drbean@gasb.org.