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Accounting and Finance books that are worth reading

Here are a few book recommendations for stories about accounting and finance:

"Smartest Guys in the Room" - Excellent book about the Enron fraud co-written by Bethany McLean, the journalist that actually broke the story in general by publishing an article in Fortune magazine questioning Enron’s high stock price and business model.

"The Intelligent Investor" by Benjamin Graham - This book is a classic guide to value investing, and it covers a wide range of topics including financial analysis, risk management, and portfolio theory.

"All of the Devils are Here" - About the 2007-2009 financial crisis. Again, co-written by Bethany McLean. Excellent book.

"The Big Short" by Michael Lewis - This book tells the story of the housing bubble and financial crisis of the late 2000s, and the few individuals who saw it coming and profited from it.

"Freakonomics" by Steven D. Levitt and Stephen J. Dubner - This book is a best-selling economics and finance book that uses data and statistical analysis to explore a wide range of topics, including crime, education, and parenting.

"Confidence Games" - Excellent book about the fraud at the Big 4 and big law firms in the early 90s regarding illegal tax shelters they put their clients in.

"And You Thought Accountants Were Boring" - an “okay-ish” book written by a retired partner from Arthur Andersen detailing his career at the firm. Not the best book and it’s a lot of this author smelling his own farts but it’s relatable here and there with someone the stories he tells.

"Den of Thieves" by James B. Stewart - This book tells the story of the insider trading scandals of the 1980s, specifically the "masters of the universe" at Drexel Burnham Lambert and the "junk bond kings" at Salomon Brothers.

"The Informant" by Kurt Eichenwald - This book is a true story about Mark Whitacre, a high-level executive at Archer Daniels Midland who became a informant for the FBI in a price-fixing investigation. The book explores the complex financial fraud that Whitacre uncovered and the personal toll it took on him.

"Flash Boys" by Michael Lewis - This book tells the story of a group of Wall Street traders who uncover a scheme to rig the stock market through high-frequency trading.

"Dark Pools" by Scott Patterson - This book is a behind-the-scenes look at the rise of "dark pools," private stock exchanges that operate outside the traditional exchanges and are largely unregulated.

"The Smartest Guys in the Room" by Bethany McLean and Peter Elkind - This book is an investigative account of the Enron scandal, one of the largest corporate frauds in history. It explores the culture and practices that led to the company's collapse.

We hope this list helps! Let us know if we have left out some that are worth adding to this list.

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