AICPA announces 2007-2008 management accounting research grant awards.

In collaboration with the American Accounting Association's Management Accounting Section, the AICPA has awarded three management accounting research grants. Grants were awarded to the following researchers to study specific business topics critical to the accounting profession:

* Management Control of Foreign Sourcing Relationships--Frank H. Selto and Ramiro Montealegre of the Leeds School of Business at the University of Colorado-Boulder and Thomas L.C.M. Groot of Vrije University, Amsterdam, Netherlands.

* ERM: Critical Success Factors in the Value Creation Process--Mark Beasley, Bonnie Hancock and Bruce Branson of the North Carolina State University College of Management's Enterprise Risk Management Initiative.

* Strategic Change, Incentive Systems and Firm Performance: Evidence from Corporate Turnarounds--Xiaoling Chen and Jianxin Gong of the University...