Asekomeh Ayodele
Title: Dr
First Name: Ayodele
Surname: Asekomeh
Position: Senior Lecturer
Telephone: +44 (0)1224 263443

Duties and Responsibilities

Dr Ayodele Asekomeh is a Senior Lecturer in Energy Finance and leader of the MSc Oil and Gas Finance course. He lectures on the Oil and Gas Accounting, Financial Management, and Oil and Gas Finance MSc courses, including providing contextual (accounting and finance) input for the Research Methods module. He is a member of the Research Institute for Management Governance and Society (IMageS) and the Oil and Gas Institute. He regularly contributes to accounting and finance research workshops/seminars.

Research Interests

Ayodele’s research and teaching seeks transference of knowledge/ideas and collaboration between industry and academia, and understanding of the accounting and finance issues of energy sources and the extractive industries.

PhD Supervision

Ayodele works with postgraduate students researching diverse energy and petroleum issues, from macroeconomic impact of oil price volatility to financial/project analysis of natural resources and energy ventures, and policy considerations for decommissioning or abandonment of petroleum and energy installations. His research interests include the following themes:

  • Accounting and finance for energy and extractive industries’ activities;
  • Income smoothing and earnings management, accounting standards’ lobbying and regulatory smoothing, and developments in international financial accounting and reporting, especially for energy and extractive industries;
  • Financial management and strategy for national and international oil companies;
  • Accounting and finance in developing economies, with emphasis on governance, accountability and sustainable natural resources and energy development;
  • International energy project finance; and
  • Local content development

Prospective research students or interested organisations with similar or related research focus are encouraged to get in touch.

External / Professional Roles

  • Fellow of the Association of Chartered Certified Accountants (FCCA)
  • Fellow of the Higher Education Academy (FHEA)
  • Member, Chartered Institute of Management Accountants (ACMA)
  • Chartered Global Management Accountant (CGMA). CGMA is a proprietary designation for management accountants powered by the American Institute of Certified Public Accountants (AICPA) and the Chartered Institute of Management Accountants (CIMA), and advances the global discipline of management accounting.
  • British Accounting and Finance Association (BAFA)


Journal Articles

Hassan, A., C. Hunter and A. Asekomeh (2013), “GRI Application levels and disclosure on specific environmental activities: An empirical investigation of industry membership and geographical region of top European Companies,” Social and Environmental Accountability Journal, vol. 33, no. 3: 156–176.

Waddell, K.A., S. McChlery and A.O. Asekomeh (2012), “The impact on student performance of altering the assessment criteria around formative computer based assessments,” Research in Post-Compulsory Education, vol. 17, no. 2: 223–245.

Asekomeh, A. O., A. Russell, H. Tarbert and L. M. Lawal (2010), “Decision-usefulness of oil and gas historical cost and supplementary present value disclosures – a revisit of the misspecification hypothesis.” Petroleum Accounting and Financial Management Journal (PAFMJ), vol. 29, no. 1, pp. 19–70.

Asekomeh, A. O., A. Russell, and H. Tarbert (2008), “An empirical examination of income smoothing intentions in extractive industry firms.” PAFMJ, vol. 27, no. 1, 47–68

Asekomeh, A. O., A. Russell, and H. Tarbert (2006), “A critical analysis of the use of accounting standards’ comment letters as lobbying tools by extractive industry firms.” PAFMJ, vol. 25, no. 3, 55–76.

Conference/Seminar Papers:

Asekomeh, A. O. and Ekeh, C. (2015), “Optimality test of marginal oil field development financing arrangements,” British Accounting and Finance Association (BAFA) 51st Annual Conference, University of Manchester, UK 23–25 March 2015

Asekomeh, A. O. and R. Nakakawa (2014) “How competitive is the Ugandan petroleum fiscal regime? An eclectic review against Kenya, Tanzania and Angola”, African Accounting and Finance Association (AAFA) 4th Annual Conference, Somerset West, Cape Town, South Africa 3–5 September 2014

Asekomeh, A. O. and T. N. Egwele (2014), “Petroleum industry contract staffing and its consequent employee commitment/productivity constraints to direct labour budgeting: Evidence from Nigeria”, British Accounting and Finance Association (BAFA) 50th Annual Conference, London School of Economics, UK 14–16 April 2014.

Asekomeh, A. O. (2012), “Breaking the cost capitalisation methods stalemate: Is the incidence of income smoothing greater for ‘full cost’ than ‘successful efforts’ oil and gas firms?” Staff Research Seminars, CEPMLP, University of Dundee, UK 12 December 2012.

Asekomeh, A. O. (2012), “Scoping the capital budgeting implications of local content development legislation,” H2Oil Research Seminars, CEPMLP, University of Dundee, UK 25 April 2012.

Asekomeh, A. O. (2008), “An empirical examination of income smoothing intentions in extractive industry firms: new perspective on selection of smoothing partition variables,” 6th International Conference on Business (Accounting and Finance stream) ATINER, Athens, Greece 7–10 July 2008.