What is an easy to understand book that teaches a beginner how to read a balance sheet? Something like a Balance Sheet for Dummies?
4 Answers
By a remarkable coincidence, there actually is a title "Balance Sheets for Dummies". I've not read this particular title, but the series has yet to disappoint. If you'd like a start, the 6 page A Beginner's Guide to the Balance Sheet is a decent article.
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I found this yesterday which is really beginner friendly in the way it breaks each part down into layman terms. Really helped me a lot.
A Simple Guide to Understanding Your Company's Financial Statements by Illinois Small Business Development Center
Screenshot from inside:

(if link ever goes dead ping me and I can share through PDFy or Google Drive)
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I think Investopedia.com is one of the best resources for beginners.
Heres a good tutorial on balance sheets.
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Nothing beats Security Analysis by Benjamin Graham. Especially the 1941 Edition, is the best.
Its very tough to read it, but if you do it will be incredibly transforming.
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