• United Kingdom

    Accepting PhD Students

    PhD projects

    See my profile above

    Personal profile

    Contact Details

    Phone: +44(0)121 204 3024       Email: i.g.basioudis@aston.ac.uk
    Room: ABS408


    Ilias is senior lecturer/ associate professor of Financial Accounting & Auditing in the Accounting Department at Aston Business School and the Chairman of the Auditing Special Interest Group of the British Accounting and Finance Association. ilias is also Fellow of the UK Academy of Higher Education and Editor of the International Journal of Auditing (since 2012). He has also been external examiner in various universities, currently in the East Anglia University, Norwich Business School.

    He is the author of the textbook, Financial Accounting: a Practical Introduction, by Pearson. His second book, Financial Accounting: The Basics, by Routledge, published in 2019.

    He moved to Aston in 2000 after he had an appointment with Warwick Business School. He completed his PhD in 1999 and taught a variety of subjects in Warwick between 1996-2000. He has been a member of various committees at Aston (including being the Director of the Higher Education in Learning and Management (HELM) centre 2011-2014, and the Director of the Accounting for Management 2002-2008). Ilias has held short teaching and research visiting appointments at Hong Kong Polytechnic University, in ALBA Greece, in RMIT, Australia and in Deakin University, Australia. He is a member of the editorial board of the Auditing: a Journal of Practice and Theory journal, and an ad-hoc reviewer of various academic journals and international conferences.

    He teaches mainly financial accounting and auditing at graduate and undergraduate levels. His research interests lie primarily within the area of auditing and corporate governance and include the market for audit services in the private and public sectors, earnings quality and audit quality, corporate governance and audit committees, the regulation of accounting, the accounting profession. Ilias is also doing research in the accounting education area.

    He is annually elected as the chairman the Auditing Group of the British Accounting & Finance Association (since 2006) and is responsible for the organisation of the highly successful annual Audit & Assurance Conference. The Auditing Group is an international network of scholars (from PhD doctoral students to Professors) and auditing practitioners, regulators, and others such as accounting practitioners and members of the business community. The Audit & Assurance Conference is a premier event for academic and non-academic delegates who wish to hear powerful keynote speakers and international presenters representing the international auditing academia, accounting professionals in practice and in business, the professional bodies, and the standard setters and regulatory bodies. The conference provides critical exposure to significant emergent research, as well as today’s current auditing, corporate governance and assurance issues and trends in the worldwide arena of the audit and assurance markets..

    As an Editor of the International Journal of Auditing, ilias is responsible to monitor and ensure the fairness, timeliness, thoroughness, and civility of the journal’s peer-review editorial process. The Journal is a high-quality specialist journal that publishes articles from the broad spectrum of auditing. Its primary aim is to communicate clearly, to an international readership, the results of original auditing research conducted in research institutions and/or in practice. The Journal is ranked as 2* in CABS and A in ABDC.

    Ilias has been a governor in two different primary schools, and chaired the governing body of one. In his role, he was providing strategic direction and ensuring clarity of vision and the Christian ethos were maintained in the school. Ilias is also a qualified basketball coach, training and coaching the Coventry Tornadoes basketball club, and his sons’ school basketball club.

    Ilias was recently invited to give oral evidence as expert witness to the UK Parliament in an Parliamentary inquiry/investigation on the future of audit that is being led by BEIS Select Committee (the ministerial Department for Business, Energy & Industrial Strategy). His evidence was broadcasted live on the Parliament TV at https://goo.gl/PRit4u

    Research Interests

    Research: The market for audit services in the private and public sectors.  The theory of the audit firm, the alumni effect.  Earnings management and financial reporting quality.  Audit quality. Corporate governance. Audit Committees. The history of accounting and auditing.  The regulation of accounting and the accounting profession. Auditor behaviour and audit functions. Accounting education.


    • Fellow of Association of International Accountants (FAIA) Academic memberAcademy of Higher Education (formerly Institute of Learning and Teaching in Higher Education - ILTHE), full member
    • FAIA (Acad), Fellow of Association of International Accountants
    • ACCA (pending)
    • PhD (Auditing, Warwick, UK)
    • MSc (Accg, Stirling, UK)
    • BSc (BusAdmn, Univ. of Macedonia, Greece)


    • Leonard Da Vinci grant
    • British Academy
    • Institute of Chartered Accountants in England & Wales (ICAEW), Research Sponsorship/Fellowship
    • Chartered Institute of Management Accountants (CIMA)
    • Warwick Business School (WBS), Bursaries for the completion of my PhD

    Teaching Activity

    Financial Accounting, Financial Reporting, Financial Statement analysis, Auditing.

    Aston Business School, University of Aston (2000 - to date)

    Postgraduate Modules:

    • Financial Accounting and Reporting (BFM236)
    • Financial Statement Preparation (BFM219)
    • Research Methods (BNM838)
    Undergraduate Modules:
    • Auditing & Professional Ethics (BF3394)
    • Audit & Corporate Governance (BF2252)
    • Financial Accounting (BF2211)
    • Foundations in Financial and Management Accounting (BF1122)
    • Introduction to Financial Accounting (BF1100)
    • Principles of Financial Accounting (BF1101)
    • Comparative Accounting & Finance (BF1150).


    • Basioudis I G. Financial Accounting: The Basics, Routledge, 2019.
    • Basioudis I G. Financial Accounting: A Practical Introduction. Prentice Hall/Pearson Education, London, 2010.
    • Basioudis I G. “Icebreakers for business school students” in How to Teach in a Business School, byK. Daniels, C. Elliott, C. Chapman and S. Finley (eds), 2019.
    • Basioudis I G (2009), “Aligning the internal audit function with strategic objectives”, a chapter in QFinance: the Ultimate Resource, Bloomsbury Publishing, London.


    PhD Supervision

    I generate research ideas and supervise annually numerous research projects conducted by MSc and MBA students. A sample is: 

    A sample is:

    • Audit quality and earnings quality
    • Earnings management and corporate governance
    • Abnormal audit fees and the value relevance of accounting information
    • Fraud and auditor specialisation
    • Stakeholders perceptions of auditor independence
    • Audit fee determinants
    • Auditor industry specialisation, city specialisation, and client bargaining power
    • The complications that affect auditor's liability
    • The determinant of auditor changes for UK quoted companies
    • Earnings management and auditor behaviour
    • IPO audit fees in the UK market
    • Corporate scandals and their effects on the accounting profession and auditing practices
    • Effective strategies of Arthur Andersen and KPMG in Taiwan: auditors change and services satisfaction
    • An empirical analysis of the former UK Andersen clients: auditor selection and audit pricing
    • Auditor fees, auditor independence and credit scoring
    • Audit price-cutting, fee recovery in non-audit services and auditor’s independence

    I am also willing to supervise well developed and robust PhD projects that are within my research interests (see above). For developing a research proposal, click on the following link: How to apply

    Ilias has successfully supervised two doctoral students, Peter Yip (2014), and Khairul Ayuni Mohd Kharuddin (2016). He is currently supervising Shannon Sidaway (2019), and Ahmad Alwadhan (2022).

    Membership of Professional Bodies

    • Chairman, Auditing Special Interest Group of British Accounting & Finance Association (BAFA)

    • Member of the Executive Committee of the BAFA

    • American Accounting Association - Auditing Section & Teaching Section 

    • British Accounting Association - Auditing Special Interest Group 
      European Accounting Association

    • European Auditing Research Network

    • Member of the Learning and Teaching Support Network Centre for Business Management and Accountancy

    • Member of the editorial board, International Journal of Auditing

    • Ad hoc reviewer for various journals and international conferences

    • External examiner, Franchised UG & PG Programmes, Nottingham Trent University, 2001-2006

    • External examiner, Franchised UG Programmes, Kingston University, 2009 – 2013

    • External examiner, Franchised UG Programmes, Sheffield University, 2010-2011
    • External examiner, Franchised PG Programmes, University of East Anglia, Norwich Business School, 2016 - to date
    • Organiser of the National Auditing Conference at Aston in 2005, 2010, 2015 and 2019

    • Member of various committees in the University of Aston

    • Member of the Scientific Committee of AAC, BAFA, and EAA, reviewing conference papers and promoting and contributing to the value and quality of the conferences and the organisations in general, 2000 to date

    Expertise related to UN Sustainable Development Goals

    In 2015, UN member states agreed to 17 global Sustainable Development Goals (SDGs) to end poverty, protect the planet and ensure prosperity for all. This person’s work contributes towards the following SDG(s):

    • SDG 11 - Sustainable Cities and Communities

    Education/Academic qualification

    PhD, Accountants on the UK boards of directors and the markets for accounting and audit services, University of Warwick


    Award Date: 20 Jul 2000

    MSc, Accounting & Finance, University of Stirling


    Award Date: 16 Feb 1996

    External positions

    External Examiner, University of East Anglia

    2016 → …

    External Examnier, University of Sheffield


    External Examiner, Kingston University



    • L Education (General)
    • Accounting Education
    • H Social Sciences (General)
    • Accounting
    • Auditing


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