GASB issued its 2011 request for research through the Gil Crain Memorial Research Grant. The board offers grants of up to $5,000 annually to encourage academic research relevant to the board’s standard-setting activity.
The board intends to award at least one $5,000 research grant and possibly more, depending on the proposals the board receives. Submissions are due May 27, and GASB expects to announce grant recipients by June 17.
Requests should include:
- The research question(s) that you propose to research;
- A description of how you believe your research will help answer the question(s) and benefit GASB;
- A thorough description of the research design that you plan to use. This discussion should be as specific as possible and, at a minimum, include a description of the research method that you intend to use (for example, archival, survey, experimental or quasi-experimental research, case study, and so on), why you believe the method is appropriate, and a description of how you expect to collect data for the research;
- A description of any limitations that you foresee regarding the validity of your research results;
- A timeline for completing the research and preparing a final report for GASB.
GASB said it is seeking research in two broad areas. The first area looks at the implementation of new standards in an effort to identify any difficulties that may arise in practice. The second area looks at issues that have not yet been addressed by standards or that have previously been identified as being insufficiently addressed.
The request for submissions lists research questions related to projects on GASB’s research agenda and several potential projects. Grant applicants may suggest other research topics. Suggested topics include asset retirement obligations; electronic financial reporting; financial performance measurements; governmentwide financial statements; infrastructure reporting; in-kind contributions; popular reporting; reporting unit presentations; potential re-examination projects; and re-examination of pre-Nov. 30, 1989, FASB and AICPA pronouncements.
The request for research funding should be attached as a Microsoft Word document in an email to David Bean, GASB director of Research and Technical Activities, at firstname.lastname@example.org .
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