Junaid Ashraf holds a PhD in accounting from University of Essex. He is a fellow member of Association Chartered Certified Accountants (Uk) and an associate member of the Institute of Chartered Accountants of Pakistan. He teaches managerial accounting and control to the MBA and Executive MBA students. He is also involved in teaching accounting and control courses to business executives at Executive Development Centre of the University. His research interests are in financial reporting, corporate governance and management control practices of state owned enterprises. His research has been accepted for publication in International Journal of Accounting, Critical Perspectives on Accounting and Financial Accountability and Management. Before joining LUMS, he served as manager audit in one of the top four accounting firms in the country. Dr. Ashraf is also a visiting fellow in Essex Business School, University of Essex.