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Elina Varoutsa   BSc (Hons), MSc, PhD, FHEA

Dr Elina Varoutsa

BSc (Hons), MSc, PhD, FHEA

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Available for postgraduate supervision

Teams and roles for Elina Varoutsa

Overview

I am a member of the Accounting and Finance section at Cardiff Business School, where I’ve been since 2014. Prior to this, I held a lectureship at Surrey Business School. I earned my PhD in Management Accounting from the Alliance Manchester Business School, University of Manchester, where I also completed my Master’s degree. My academic journey began with a Bachelor’s degree in Business Administration from the Athens University of Economics and Business. I am a Fellow of the Higher Education Academy.

My research focused on management and critical accounting, with a strong emphasis on public value and impact. As a qualitative researcher, with an interdisciplinary approach, I explore management accounting and control within various contexts, beyond the traditional boundaries of management accounting, drawing on and contributing to critical accounting, sociology, and marketing.

Currently, I’m involved in several projects, including:

  • Evaluating inclusive employment initiatives
  • Investigating impact measurement practices in charities,
  • Exploring risk management in the UK financial sector, and
  • Examining mechanisms to address employee-based racial discrimination.

In 2025, I was awarded the UKRI’s newly established and highly competitive “Creating Opportunities through Local Innovation Fellowship” (COLIF) as the Principal Investigator. The fellowship explores the effectiveness of local initiatives in creating more inclusive employment and to develop recommendations to tackle inequalities and address barriers.

I have an extensive teaching experience in various Accounting across undergraduate, postgraduate (MSc) and MBA levels. I also serve as the Admissions Tutor for the postgraduate Accounting and Finance programmes, and the Year 1 Exam Board Chair. Since 2020, I’ve also been a Trustee and the Honorary Treasurer of the Management Control Association.

Publication

2024

2022

2020

  • Soin, K., Varoutsa, E. and Taylor, L. 2020. Blurred lines. Enterprise Risk: The official magazine of The Institute of Risk Management Summer, pp. 28-29.

2018

2015

2010

Articles

Book sections

Monographs

Research

Research interests

Inclusive employment 

Charities impact measurement and reporting

Race and accountability

Management control and risk management

Risk management frameworks in the financial industry

Management control systems

 

Teaching

Teaching commitments

  • Foundations of Business Accounting (UG, co-module leader)
  • Management Accounting and Control (UG, co-module leader)

Prior teaching experience includes:

  • Financial Analysis and Control (MBA); Advance Management Accounting (PG); Accounting for Non-Specialists (PG) Auditing and Assurance (UG); Introduction to Accounting (UG); Intermediate Management Accounting (UG); Managenent Accounting and Control of Organizational Performance (PG); Research Topics in Accounting (PG)

Biography

Qualifications

  • PhD in Management Accounting (Alliance Manchester Business School, The University of Manchester)
  • Postgraduate Certificate in Academic Practice (The University of Surrey)
  • MSc in Accounting and Finance (Alliance Manchester Business School, The University of Manchester)
  • BSc in Business Administration (Athens University of Business and Economics)

Supervisions

 

Performance measurements; charities impact measurement and reporting

Past projects

Co-Supervisor for Lian Zhong - Competing on digitalization transformation: the relation between enterprise resource planning, management control systems and dynamic capabilities. Awarded in 2021

 

Contact Details

Email VaroutsaE@cardiff.ac.uk
Telephone +44 29208 70638
Campuses Aberconway Building, Room R28, Colum Road, Cathays, Cardiff, CF10 3EU