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In this paper, the design and analysis of high order accurate IMEX finite volume schemes for the compressible Euler-Poisson (EP) equations in the quasineutral limit is presented. As the quasineutral limit is singular for the governing equations, the time discretisation is tantamount to achieving an accurate numerical method. To this end, the EP system is viewed as a differential algebraic equation system (DAEs) via the method of lines. As a consequence of this vantage point, high order linearly semi-implicit (SI) time discretisation are realised by employing a novel combination of the direct approach used for implicit discretisation of DAEs and, two different classes of IMEX-RK schemes: the additive and the multiplicative. For both the time discretisation strategies, in order to account for rapid plasma oscillations in quasineutral regimes, the nonlinear Euler fluxes are split into two different combinations of stiff and non-stiff components. The high order scheme resulting from the additive approach is designated as a classical scheme while the one generated by the multiplicative approach possesses the asymptotic preserving (AP) property. Time discretisations for the classical and the AP schemes are performed by standard IMEX-RK and SI-IMEX-RK methods, respectively so that the stiff terms are treated implicitly and the non-stiff ones explicitly. In order to discretise in space a Rusanov-type central flux is used for the non-stiff part, and simple central differencing for the stiff part. AP property is also established for the space-time fully-discrete scheme obtained using the multiplicative approach. Results of numerical experiments are presented, which confirm that the high order schemes based on the SI-IMEX-RK time discretisation achieve uniform second order convergence with respect to the Debye length and are AP in the quasineutral limit.