CICA–CAAA Research Grant Program

Past Recipients

2010

The CAAA is pleased to announce the results of the most recent competition under the CICA-CAAA Research Grant Program. The following three projects were awarded:   

  • Christine Wiedman (University of Waterloo) and Darren Henderson (University of Western Ontario), "Restatements and Disclosure Quality." Awarded: $7,500.
  • Heather Wier and Mark Huson (University of Alberta), “Who Stopped Using Options?" Awarded: $7,500.   
  • Sylvie Héroux and Anne Fortin (Université du Québec à Montréal), "Internal Audit Function and IT Governance.” Awarded: $5,000.  

2009

The CAAA is pleased to announce the results of the most recent competition under the CICA–CAAA Research Grant Program. The CICA–CAAA Research Committee selected the following projects for funding:   

  • Efrim Boritz, Louise Hayes,and Jee-Hae Lim (University of Waterloo), "What Do Critical Clusters Internal Control Weaknesses Tell Us about Financial Reporting Systems?” Awarded: $10,000.
  • Janne Chung (York University) and Susan McCracken (McMaster University), "Understanding the Restatement Process.” Awarded: $10,000.

2008

The CAAA is pleased to announce the results of the most recent competition under the CICA / CAAA Research Grant Program. The CICA–CAAA Research Committee selected the following projects for funding:  

  • Janne Chung (York University), Jeffrey Cohen (Boston College), and Gary S. Monroe (Australian National University), "The Influence of Ethical Context and Affect on Auditors’ Inventory Judgments.” Awarded: $10,000.
  • Jane Kennedy (University of Washington), Thomas Vance (University of Waterloo), and Alan Webb (University of Waterloo), "Creating Bias in Accounting Estimates: The Effects of Manager-Subordinate Relationship Quality and Ethicality Concerns." Awarded: $5,740.

2007

The CAAA is pleased to announce the results of the 2007 competition under the CICA–CAAA Research Grant Program. Thirteen letters of intent were received and forwarded to CICA for their review.  Nine applicant teams were invited, and submitted full proposals by June 30, 2007. CICA generously agreed to fund four proposals this year instead of the normal two for a total of $40,000.  The CICA–CAAA Research Committee selected the following projects for funding:  

  • Efrim Boritz and Jee-Hae Lim (University of Waterloo), “Impact of IT Control Weaknesses on Financial Performance.” Awarded: $10,000.
  • Peter Clarkson (University of Queensland), J. Douglas Hanna (Southern Methodist University), Gordon D. Richardson (University of Toronto), and Rex Thompson (Southern Methodist University),“The Impact of the 2005 Switch to IFRS in Europe and Australia: A Look at the Value Relevance of Book Value and Earnings for Equity Value and Returns Pre- and Post-Switch.” Awarded: $10,000.
  • Kin Lo (University of British Columbia), “Expected costs and benefits of recent securities regulation: The U.S. Sarbanes-Oxley Act and Multilateral Instrument 52-111.”  Awarded: $10,000.
  • Raili Pollanen (Carleton University), “Performance Measurement and Reporting in Municipalities.” Awarded: $10,000.

2006

The CAAA is pleased to announce the results of the 2006 competition under the CICA–CAAA Research Grant Program. Of the letters of intent that were received and forwarded to the CICA for their review, three research teams were invited to submit full proposals and three high-quality proposals were received. A total amount of $21,614 was available for the July 2006 call. The maximum award allowed under this program is $10,000. The CAAA Research Committee allocated a total of $21,614 to the following three projects:

  • Amy Choy (University of Alberta) and Ron King (Washington University), "Accounting Standards, Social Norms, and Auditor-client Negotiation."  Awarded: $10,000 ($9,000 operating grant and $1,000 travel grant).
  • Sati Bandyopadhyay (University of Waterloo), Efrim Boritz (University of Waterloo), and Guoping Liu (Ryerson University), "Voluntary Interim Audit Reviews:Economic Determinants and Earnings Quality."  Awarded: $6,614 ($5,614 operating grant and $1,000 travel grant).
  • Irene M. Herremans (University of Calgary), Hussein Warsame (University of Calgary), and Sandy Herschovis (University of Manitoba), "Reporting Environment Performance: Managing Impressions vs. Cost Benefit Analysis." Awarded: $5,000 ($4,000 operating grant and $1,000 travel grant).

The CICA will provide $20,000 per year for research grants in future years. Unallocated funds can be carried forward for one year.  

2005 

The CAAA is pleased to announce the results of the 2005 competition under the CICA–CAAA Research Grant Program. Five letters of intent were received and forwarded to the CICA for their review. All five research teams were invited to submit full proposals and five high-quality proposals were received, making this call quite competitive. A total of $21,614 was available for the July 2005 call. The maximum award allowed under this program is $10,000. The CAAA Research Committee allocated a total of $20,000 to the following two projects:  

  • Shanker Trivedi (York University), Kate Bewley (York University), and Susan McCracken (University of Toronto), "Comprehensive Income Reporting, Recycling and Core versus Non-Core Income Reporting: An Experimental Investigation." Awarded: $10,000 ($9,000 operating grant and $1,000 travel grant).
  • Gus De Franco and Gordon Richardson (University of Toronto), "The Difference between Private- and Public-Firm Valuations." Awarded: $10,000 ($9,000 operating grant and $1,000 travel grant).

The CICA will provide $20,000 per year for research grants in future years. Unallocated funds can be carried forward for one year. As a result, the $1,614 that was not allocated in 2004 will be available next year, leading to a total of $21,614 for the 2005 call.


The CAAA gratefully acknowledges the financial support of the Canadian Institute of Chartered Accountants in making this research opportunity available to our members.

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