Dr Ilias Basioudis

Ilias Basioudis

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Ilias is senior lecturer of Financial Accounting & Auditing in the Finance and Accounting Group at Aston Business School and the Chairman of the Auditing Special Interest Group of the British Accounting Association and adjunct senior lecturer of the University of South Australia.  ilias is also Fellow of the UK Academy of Higher Education and has recently published his first textbook, Financial Accounting: a Practical Introduction, by Pearson.  He moved to Aston after he had an appointment with Warwick Business School. ilias has also professional experience with a small accountancy firm in Greece.  He is a member of various committees at Aston.  ilias has held short teaching and research visiting appointments at Hong Kong Polytechnic University, in ALBA Greece, and in the RMIT, Australia.  He is an Editor of the International Journal of Auditing and a member of the editorial board of Auditing: a Journal of Practice and Theory, 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 empirical auditing and corporate governance and include the market for audit services in the private and public sectors, earnings management and audit quality, audit committees, the regulation of accounting, the accounting profession, and in the accounting education.

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.


  • Academy 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)

Teaching Activity

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

PhD Supervision

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

1. Audit fee determinants
2. Auditor industry specialisation, city specialisation, and client bargaining power
3. The complications that affect auditor's liability
4. The determinant of auditor changes for UK quoted companies
5. Earnings management and auditor behaviour
6. IPO audit fees in the UK market
7. Corporate scandals and their effects on the accounting profession and auditing practices
8. Effective strategies of Arthur Andersen and KPMG in Taiwan: auditors change and services satisfaction
9. An empirical analysis of the former UK Andersen clients: auditor selection and audit pricing
10. Auditor fees, auditor independence and credit scoring
11. 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.

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 – to date

  • Organiser of the National Auditing Conference at Aston in 2005 & 2010

  • Member of various committees in the University of Aston

Employable Graduates; Exploitable Research

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