The Governmental Accounting Standards Bureau is offering to help assist academic research relevant to the organization’s standards-setting activities through the Gil Crain Memorial Research Grant program. They have issued a Request for Research announcement and are accepting proposals until May 29th, 2015, with announcements of awards expected by the end of June 2015.
One or more $5,000 grants will be awarded.
The GASB hopes that the Crain Grants will encourage researchers to conduct research that is beneficial to standards setting for governmental accounting and financial reporting. Researchers will benefit by working with GASB staff members and by learning more about the internal workings of the standards-setting process. The GASB staff also may be able to help by introducing you to knowledgeable professionals and by encouraging them to participate in your research. Upon completion of your research, the GASB intends to mail a letter of appreciation to your university for allowing you to participate in an important GASB research project.
We encourage researchers who receive a grant to submit the results of their research for publication in a journal after the research results have been submitted to the GASB. Because the research that is most useful to the GASB is applied research, we realize that you may wish to consider the work that you do for the GASB as part of a larger research effort. Therefore, we generally support your gathering additional data that would be needed for publication.
Although intangible, a final reason for conducting research with the GASB is the personal satisfaction that you will receive in knowing that you have played an important role in improving governmental accounting and financial reporting standards. We encourage you to be a part of the GASB team by researching some of the questions raised in this call for proposals or other relevant topics.
Here is a summary of application requirements and submission protocol:
If you are interested in requesting Crain Grant funding to research any of the questions raised for the topics in the Research Questions section of this request for proposals—or another important and relevant topic—send a request for research funding to David Bean, GASB Director of Research and Technical Activities, by May 29, 2015. Therequest for research funding should be attached as a Microsoft Word document in an email to email@example.com.
The request 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 the 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 (for example, archival, survey, experimental or quasiexperimental 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 the GASB; this timeline should meet the parameters for reporting back to the GASB, which are described in the next section.
If you have any questions regarding the content of the request for research funding, please contact Dean Mead, GASB Research Manager, at (203) 956-5294 or
The GASB will make a determination of the recipient(s) of the research grant(s) by the end of June 2015, and the recipient(s) will be notified and will receive an initial $2,500 soon after they sign a contract with the GASB. The contract will explain the duties and responsibilities of the GASB and researcher and will describe the deliverables that the GASB expects from the researcher. Upon completion of the research and the GASB’s acceptance of the research memorandum, the remainder of the grant will be sent to the researcher. The maximum amount to be paid to a grant recipient is $5,000. The grant recipient may share the grant with others who help conduct the research.