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    • Aston Triangle

      B4 7ET Birmingham

      United Kingdom

    Accepting PhD Students

    PhD projects

    See my profile above

    Personal profile

    Contact Details

    Phone: +44(0)121 204 3024       Email: [email protected]
    Room: ABS408

    Biography

    ilias is a Distinguished Academic and Researcher with 25+ years of experience specialising in auditing policy and governance research. He is a Visiting Senior Research Fellow at Aston University in the UK. Expert in translating complex research into government policy solutions, pedagogy, online and in-person delivery of education, mentorship, high-level intellectual leadership, and strategic project planning and management. Now focused on leveraging expertise as a consultant or part-time advisor for government, non-profits, charities, and other organisations, and also continuing disseminating research and publishing. Also, offering expertise in mentoring and advising doctoral students, strategic research planning, and delivering ad-hoc courses in higher education.

    Ilias was previously senior lecturer/associate professor of Financial Accounting & Auditing in the Accounting Department at Aston Business School. ilias is also Fellow of the UK Academy of Higher Education. He is former Chairman of the Auditing Special Interest Group of the British Accounting and Finance Association 2008-2024) and former Editor of the International Journal of Auditing (2012-2022). ilias also served as Editor-in-Chief of the International Journal of Auditing between 2022-2024. He has also been external examiner in various universities, among others in the East Anglia University, Norwich Business School, the University of Oxford Brookes, and the university of Portsmouth.

    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 teaching expertise focuses mainly on financial accounting, auditing and governance where he taught at the 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 was annually elected as the chairman the Auditing Group of the British Accounting & Finance Association (between 2006 and 2024) and was 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 was 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 is currently a governor in two local primary schools and in the past he has been a governor in two other different primary schools, and chaired the governing body of one. In his governor role, he is providing strategic direction and ensuring clarity of vision, and the Christian ethos were maintained in the schools. Ilias is also a qualified basketball coach, training and coaching various local basketball clubs in the past, currently with the City of Birmingham Rockets basketball club, and his sons’ school basketball club. He is also the sole onwer and part-time manager of a sailing company. 

    Ilias was invited in 2019 to give oral evidence as expert witness to the UK Parliament in an Parliamentary inquiry/investigation on the future of audit that was 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.

    Qualifications

    • 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)

    Grants

    • 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).

    Textbook:

    • 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

    Short Bio (max 200 characters)

    Dr Basioudis's research focuses on auditing policy, governance research, mentoring and advising doctoral students.

    Education/Academic qualification

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

    1996 → 2000

    Award Date: 20 Jul 2000

    MSc, Accounting & Finance, University of Stirling

    1994 → 1995

    Award Date: 16 Feb 1996

    External positions

    External Examiner, University of East Anglia

    2016 → …

    External Examnier, University of Sheffield

    2010 → 2011

    External Examiner, Kingston University

    2001 → 2006

    Keywords

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

    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):

    1. SDG 11 - Sustainable Cities and Communities
      SDG 11 Sustainable Cities and Communities

    Fingerprint

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    • 1 Similar Profiles

    Collaborations and top research areas from the last five years

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    • Audit quality climate in African Supreme Audit Institutions

      Kritzinger, J. A., Barac, K., Basioudis, I. G. & Schaap, P., 14 Dec 2026, In: Meditari Accountancy Research. 34, 7, p. 546-578 33 p.

      Research output: Contribution to journal › Article › peer-review

      Open Access
      File
      3 Downloads (Pure)
    • Implementing mandatory audit firm rotation: effects on audit and non-audit fees

      Basioudis, I., Cuellar-Fernández, B. & Garcia Lacalle, J., 1 Jan 2024, In: Revista de contabilidad. 27, 1, p. 174-192 19 p.

      Research output: Contribution to journal › Article › peer-review

      Open Access
      File
      110 Downloads (Pure)
    • A Review of Theories on Auditor Industry Specialisation

      Mohd Kharuddin, K. A. & Basioudis, I., 19 Sept 2022, In: International Journal of Academic Research in Business and Social Sciences. 12, 9, p. 1701-1714

      Research output: Contribution to journal › Article › peer-review

      Open Access
      File
      159 Downloads (Pure)
    • Editorial: Special issue on the future of audit—A collection of personal reflections

      Basioudis, I. G., Jan 2022, In: International Journal of Auditing. 26, 1, p. 1-3 3 p.

      Research output: Contribution to journal › Editorial › peer-review

    • Ethics and deception in negotiation

      Karayiannis, A. N. A. & Basioudis, I., 1 Aug 2022, Embedding Sustainability, Corporate Social Responsibility and Ethics in Business Education. Borland, H., Butler, M., Elliott, C. & Ormrod, N. (eds.). UK: Edward Elgar

      Research output: Chapter in Book/Published conference output › Chapter (peer-reviewed) › peer-review

    • Most Read Best Paper

      Basioudis, I. (Recipient), Feb 2007

      Prize: Prize (including medals and awards)

    • Best Paper

      Basioudis, I. (Recipient), Jul 2002

      Prize: Prize (including medals and awards)