Guidelines On Applying For IIA Malaysia Research Grants
1. Introduction
As part of enhancing our membership services, IIA Malaysia is providing educational assistance in the form of grants to members to conduct research.
2. Eligibility
Applications for research grants are open to members of IIA Malaysia. However, topic of the proposed research must be relevant to the Malaysian internal audit practices or internal audit education.
Applications are generally limited to the following disciplines:
Audit Committees
Corporate Governance
Audit Management
Audit Tools & Methodology
Development of Audit Profession
Financial Services
Fraud, Ethics
Risk Management
Syariah Audit
3. Grant Amounts / Funding Policies
The grant amount will be on a project basis. As the funds are intended to function as complementary support, the Committee for Research Grant (hereafter referred to as Grant Committee) strongly encourages applicants to seek additional, concurrent funding from other funding agencies.
The applications for research grants will be reviewed and approved by the Grant Committee. Applicants may be required to present their proposals and attend an interview with the Grant Committee members.
Selected applications should be notified to the Board of Governors of IIA Malaysia.
The Grant Committee will be responsible for monitoring the progress of the research till completion and to deal with any issues that may arise in relation to the research proposal.
Funding will be disbursed in stages as per agreed on key project milestone.
Appropriate documentation has to be maintained to support and justify the costs and time reported. The documentation must be precise and complete.
4. Grant Restrictions
This research grant must be utilised only for the purpose as stated in the application form.
Funds may only be used to cover direct expenses incurred and may not be used for travel to professional meetings, conferences or publishing research results.
5. Submission
Applicants for a Research Grant are required to complete the Application Form which can be downloaded from www.iiam.com.my. Please submit your information to the following address:
Committee for Research Grant The Institute of Internal Auditors Malaysia 160-3-3 Kompleks Maluri Jalan Jejaka, Taman Maluri 55100 KUALA LUMPUR MALAYSIA
6. Approval Policies
Research Grants will be awarded based on the relevance and timeliness of the topic proposed for research, the likelihood of successful and timely completion of the project and the likelihood of the project leading to findings that can be published and widely disseminated.
The Grant Committee will appoint a suitable person to monitor progress of the project.
Researchers are required to submit a progress report once every quarter and/or as and when requested by the Grant Committee. The progress report is a general report, which highlights the work/activities done todate, milestones achieved and expenses incurred.
7. Changes to Research Proposals
Researchers may encounter circumstances forcing them to modify their research plans, which may compromise the prime objectives of the research originally approved by IIA Malaysia. In such cases, researchers must obtain the prior written consent of the Grant Committee before the implementation of any changes.
8. Delay in Project Starting Date
If the approved research project is expected to be delayed, prior approval must be obtained within one month of the proposed date, from IIA Malaysia. IIA Malaysia reserves the right to withdraw the research grant if the project is delayed more than two months or approval has not been obtained for the delayed starting date.
9. Research Output
The researchers should submit a research report to IIA Malaysia immediately following the completion of a research project.
The research report will be assessed by the Grant Committee before submission to the Board of Governors for approval.
Researchers may be required to present their findings to the Grant Committee.
IIA Malaysia will have the right to publish of all research findings.
All publications arising out of the research must acknowledge the funding provided by IIA Malaysia.
10. Right to Terminate
IIA Malaysia reserves the right to revise or amend at any time the conditions of the grant or suspend or terminate the research grant at any time. This situation may arise if IIA Malaysia is of the view that the research has been unduly delayed or would not be able to achieve the objectives stated in the proposal or has deviated from the objectives stated in the proposal.
The researcher must ensure that there is no misconduct e.g. plagiarism, falsification of data.
Reasonable notice would be given to the researchers concerned and in appropriate cases; IIA Malaysia will consider reimbursing any monies as may be necessary to cover outstanding and unavoidable commitments.
