The author of this article believes that this book should be on the “must read” list of researchers interested in audit committees and financial reporting, regardless of their research approach. For qualitative researchers, the book not only provides valuable insights into the on-process dynamics in reaching financial reporting decisions, but it is also a textbook example of how a researcher may conduct multiple case studies in accounting and gain access to key individuals in organizations to obtain private information about the financial reporting process. For empirical and experimental researchers, the book provides explanations that could be useful in developing their theoretical framework and raises many issues that could be researched in the future. The book should also be of interest to regulators, auditors, accountants, and students who are interested in the financial reporting process and the impact of recent regulation on this process.

Bédard, J. 2012. Reaching Key Financial Reporting Decisions: How Directors and Auditors Interact. Accounting Review 87 (5): 1819-1820.

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