7 Comments
 
Best Response

You can find this with a simple search. This list is by no means limited to "accounting," fully-exhaustive or in any particular order. With that being said, here are my personal favorites:

Top 10 Best Books for ER 1. Aswath Damodaran - https://itunes.apple.com/us/course/corporate-finance-spring-2015/id9599…</a">NYU Corporate Finance Class 2. Aswath Damodaran - Damodaran on Valuation: Security Analysis for Investment and Corporate Finance 3. Benjamin Graham (& Jason Zweig) - The Intelligent Investor 4. Benjamin Graham - Security Analysis 5. Benjamin Graham - Interpretation of Financial Statements 6. McKinsey & Company Inc. - Valuation: Measuring and Managing the Value of Companies 7. Warren Buffett - Letters to Shareholders 8. Joshua Rosenbaum & Joshua Pearl - Investment Banking: Valuation, Leveraged Buyouts, and Mergers and Acquisitions 9. Seth Klarman - Margin of Safety 10. J. Valentine - Best Practices for Equity Research Analysts

"The ceiling is the roof"
 

Valuation and accounting go hand in hand, so you can't really separate them into mutually exclusive buckets. For example, McKinsey's "Valuation" is one of the best accounting books out there in my opinion. However, if you're looking for just straight accounting knowledge, I recommend the CFA Financial Statement Analysis books (level I for foundational knowledge and level II for more advanced concepts).

 
"sa-jue" Hey guys,

The title says it all: can you pls recommend accounting books or courses that are useful for equity investors, essentially what to look at when a potential stock investment is screened.

Thank you

CeilingAvenue gave you exactly what you asked for - he couldn't have recommended any better books. If you're looking for something more accounting-based, go read an accounting textbook. All the books he listed will go in depth into analysis of a company's financial statements.

 

Debitis nulla ut architecto qui dolor maxime. Fugit aut molestias deleniti tempore vel asperiores debitis. Ut quo eos unde pariatur officia non asperiores.

Et commodi ex officia natus. Veniam eum ut labore nulla.

Quos deserunt cupiditate beatae assumenda. Ut praesentium amet veritatis. Omnis minus sunt iste similique consequatur molestias. Cum sequi aut et sint.

Nesciunt quos sit dolores natus sint molestiae. Ullam quia illum repudiandae ratione voluptate. Qui voluptatem voluptatem minus expedita error aperiam. Minima ut fuga corporis praesentium et amet. Provident qui quas voluptas ut rem repellendus. Ut suscipit perspiciatis ipsa voluptatem.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 07 97.9%
  • Guggenheim Partners 01 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 03 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
DrApeman's picture
DrApeman
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
CompBanker's picture
CompBanker
98.9
9
dosk17's picture
dosk17
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”