Best book for financial statement analysis?

What is your favourite, no BS, ONE book on financial statement analysis that teaches you in SIMPLE LANGUAGE

  • how to analyse financial statement of a company

  • what line items to focus on and what not etc?

I recently read a good one called Financial Shenanigans that teaches you how to detect fraud in a company.

Am looking for some BEST books on financial analysis

Comments (25)

May 9, 2022 - 11:27am
Managing Dictator, what's your opinion? Comment below:

There's a dude teaching at Columbia named Doron Nissim, he has several materials on analysing financials & spotting weird patterns (not necessarily fraud but like leading indicators for future drops in performance). He's quite dry but the materials are pretty good and, crucially, quite actionable. 

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3794378

That's the 530 page paper he gives to students, you can use it as a tool to specifically research line items.

May 11, 2022 - 1:56pm
Sinner G, what's your opinion? Comment below:

Hey Dick,

Did you remove it? I'm not seeing anything in your comment besides the one word, "this", with no attachment.

May 17, 2022 - 12:44am
dopeboi47, what's your opinion? Comment below:

A challenging read, but incredibly valuable nonetheless. Thanks!

  • Prospect in IB-M&A
May 11, 2022 - 5:53pm

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