Research Grant

GUIDELINES ON APPLYING FOR IIA MALAYSIA RESEARCH GRANTS

Introduction

As part of enhancing our membership services, we are providing educational assistance in the form of grants to members to conduct research.

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:

  1. Audit Committees
  2. Corporate Governance
  3. Audit Management
  4. Audit Tools & Methodology
  5. Development of Audit Profession
  6. Financial Services
  7. Fraud, Ethics and Laws
  8. Risk Management
  9. Syariah Audit

Grant Amounts / Funding Policies

  • The grant amount will be on a project basis. IIA Malaysia funds are intended to function as complementary support.
  • The applications for research grants will be reviewed and approved by the Research and Technical Advisory Committee (RTAC). Applicants may be required to present their proposals and attend an interview with the RTAC members.
  • The RTAC will monitor the progress of the research till completion and deal with any issues that may arise in relation to the research proposal.
  • Funding will be disbursed in stages as per agreed key project milestones.
  • Appropriate documentation has to be maintained to support and justify the costs and time reported. The documentation must be precise and complete.

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:

 

The Research and Technical Advisory Committee (RTAC)
The Institute of Internal Auditors Malaysia (IIA Malaysia),
1-17-07, Menara Bangkok Bank, Berjaya Central Park,
105, Jalan Ampang, 50450 Kuala Lumpur

Email: technical@iiam.com.my

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.

TERMS AND CONDITIONS

1. Progress Report

1.1 The Researcher is required to submit a progress report once every quarter and/or as and when requested by the RTAC.

1.2 The progress report is a general report, which highlights the work/activities done to date, milestones achieved and expenses incurred.

 

2. Changes to Research Proposals

The Researcher may encounter circumstances requiring modification to the research plan, which may compromise the prime objectives of the research originally approved by IIA Malaysia. In such cases, The Researcher must obtain the prior written consent of the RTAC before the implementation of any changes.

 

3. Delay in Project Starting Date and/or Completion Date

3.1 If the approved starting date and/or completion of the research project is expected to be delayed, prior approval must be obtained from IIA Malaysia for the change of date. The application for the change of date, supported with justification, must be submitted to IIA Malaysia not less than one month of the initial approved starting date and/or completion date, whichever is applicable.

3.2 IIA Malaysia reserves the right to withdraw the research grant if the project’s starting date and/or completion date is delayed more than two months or approval has not been obtained for the delayed starting date and/or completion date.

 

4. Research Output

4.1 The Researcher immediately following the completion of a research project, will submit a research report to IIA Malaysia.

4.2 The research report will be assessed by the RTAC.

4.3 The research report should include the following clause “The findings of this research and any views or opinions presented in this report are solely those of the author(s) and does not reflect the views or opinions of the Institute of Internal Auditors Malaysia.”

4.4 The Researcher may be required to present the findings to the RTAC.

4.5 IIA Malaysia will have the right to publication of all research findings.

4.6 Upon obtaining IIA Malaysia’s consent, all publications arising out of the research must acknowledge the funding provided by IIA Malaysia.

4.7 This agreement expressly prohibits The Researcher to publish research findings in any other publications without prior consent from IIA Malaysia.

 

5. Right to Terminate

5.1 IIA Malaysia reserves the right to revise or amend at any time the conditions of the research 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.

5.2 The Researcher must ensure that there is no misconduct e.g. plagiarism, falsification of data

 

6. Grant Restrictions

The research grant must be utilised only for the purpose as approved by the RTAC. Funds may only be used to cover direct expenses incurred as approved.

 

7. Disbursement

IIA Malaysia shall disburse the said Grant in stages according to the Disbursement Schedule agreed in this Letter of Engagement and details upon confirmation of completed stages of work by The Researcher through progress reports. Payment will be made based on the provided by The Researcher on the Confirmation of Letter of Engagement.

APPLICATION FORM