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Institute offers academics more than $115,000

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20 March 2006 
 
The Institute of Chartered Accountants today announced 10 winners of the Academic Research Grant Scheme from Universities across Australia for projects that propose innovative research in accounting from assessing personality types of accountants to the use of the Internet in public practices.  
 
The winners will each share a portion of $115,000 based on the requirements of the project. The projects were assessed based on the present and anticipated needs of the accounting industry and the benefit they will bring the wider business community.  
 
“We had an overwhelming response at the highest level for the Grants Scheme from 30 Universities across Australia. Many of the projects proposed pioneering research that offers a great opportunity to raise awareness of the quality of home-grown research and highlight accounting industry issues and solutions that may not have been considered in Australia previously,” said Bill Palmer, General Manager for Standards and Public Affairs, Institute of Chartered Accountants in Australia.  
 
“The Institute’s Grant Scheme offers Australian academics the opportunity to secure essential funding that will help nurture accounting research in this country,” Mr Palmer continued.  
 
The winning projects came from Universities across New South Wales, Victoria, Western Australia and Queensland namely:  

  • University of New South Wales
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  • University of Sydney
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  • Charles Sturt University
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  • Macquarie University
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  • Victoria University
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  • Curtin University
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  • University of Western Australia
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  • Queensland University of Technology
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  • University of Queensland
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  • Griffith Business School
 
The Academic Research Grant Scheme was launched in November 2005 with more than 95 applicants submitting a 1000 word research proposal. The rigorous selection process was headed up by Mr Palmer with a panel consisting of industry professionals, academics and Institute executives.  
 
“The Institute has always supported academia and the Grants Scheme encourages a new breed of accounting research, that may otherwise be overlooked in favour of large commercial projects. We look forward to following the progress of the winners and continuing the Grant s Scheme next year,” said Mr Palmer.