Professor Richard M S Wilson
Emeritus Professor of Business Administration and Financial Management
Richard Wilson is Emeritus Professor of Business Administration and Financial Management. He transferred to Loughborough (by invitation) from Keele University where he was Professor of Management and Accounting, and founding Head of its Department of Management. Prior to this he was Professor of Management Control at Queen’s University Belfast, and previously held the PKF Chair in Accounting at Nottingham Business School (Nottingham Trent University).
He has held many Visiting Professorships in countries around the world (eg in Australia, Brazil, Japan, New Zealand, South Africa and the United Arab Emirates) in addition to other academic appointments (eg at the University of Nairobi, Kenya, sponsored by the Canadian International Development Agency, and British Council Visiting Scholar at King Fahd University in Saudi Arabia). As a variation on conventional academic appointments, he spent 12 months on secondment to the Committee of Vice-Chancellors and Principals (now Universities UK) in order to carry out a study on resource allocation and control within UK universities.
- Business career
- Service to the British community
- Service to the international community
- Research focus
In executive roles his commercial experience was gained in a variety of industries covering FMCG, consumer durables, industrial goods, and services. He has worked at a senior level in two US-based multinational corporations, was Group Chief Accountant of a listed holding company in his mid-20s, and has also worked in the public sector. As a consultant he carried out an array of assignments for companies in the UK and USA, spending 12 years as an Associate with the strategic consulting firm Harbridge House (an off-shoot of Harvard Business School).
In addition to keynote addresses and presentations at numerous conferences in the UK and overseas, Professor Wilson has written/edited more than 50 books and contributed chapters to many others, as well as having written a wide range of published papers, articles and monographs on topics within his fields of academic and professional expertise. He has acted as a consulting editor and series editor for two major publishers and served on the editorial boards of a range of research journals in the UK and elsewhere.
On top of awards received earlier in his career, in 2006 he was the recipient of a Lifetime Achievement Award from the BAFA-Special Interest Group on Accounting Education for his work in that field and, in 2007, he received a Lifetime Achievement Award (its highest award) from the British Accounting and Finance Association (BAFA). In 2012, as a nominee of BAFA, he was elected a Fellow of the Academy of Social Sciences – the highest recognition available for a social scientist in the UK.
Within the academic and professional communities Professor Wilson was active at a national and international level for more than 40 years, serving on standing committees and working groups of such bodies as AAA, ACCA, BAAEC, BAFA, CDAF, CIM, CIMA, CMI, CPAF, EAA, IAAER, ICAEW, ICAS, and IFAC.
He was the founding convenor of BAFA’s Special Interest Group on Accounting Education, the Discipline Network in Accounting Education (funded by the DfEE), and the Management Accounting Practices Research Group (funded by the ESRC).
He was founding chairman of the Accounting Education Research Centre (UK) and founding Editor/Editor-in-Chief (1992-2014) of Accounting Education: an international journal which became, from 1 January 2005, the official education journal of the International Association for Accounting Education and Research (IAAER).
In 2003 he was re-elected for a second two-year term as Chairman of the Committee of Heads of Accounting (now the Committee of Departments of Accounting and Finance) which represents universities offering degrees in Accounting and Finance in the UK and Ireland.
From 2004-2007 he was a founding member of the Consultative Advisory Group of IFAC’s International Accounting Education Standards Board (IAESB) which, inter alia, develops educational standards for 173 professional bodies of accountants in 129 countries, on which he represented the European Accounting Association (EAA).
In 2006 he accepted an invitation to join the International Advisory Board of the Center for Global Accounting Education, Benchmarking and Research (GAE) based at DePaul University, Chicago, USA, and in 2007 he set up and chaired an international group (sponsored by the US Agency for International Development) to create an Accounting Development Index (ADI) to be used in connection with the granting of international aid.
During 2004-2007 he served on the AAA’s Education Committee, and in 2010-2011 he was a member of the AAA’s Innovations in Accounting Education Awards Committee.
Professor Wilson’s principal fields of intellectual inquiry have been the occupational psychology of financial careers; various themes within the domain of accounting education (including financial literacy, alignment between academic education and professional training, and the acquisition of competence); strategic, marketing, and organisational control; and intangible (especially information) assets.
This work over the years has been funded from various sources (including the ACCA, AERC, AHRB, BLRIC, CIMA, DfEE, ESRC, and the Nuffield Foundation).