50+ unmissable sessions by inspiring speakers.

Behind the Balance Sheet is an investment research and training consultancy. Founded by veteran analyst Steve Clapham, we train investment analysts and provide bespoke research to a small group of investment clients. Our Forensic Accounting Course was taken by over 200 students in its first 18 months and is generally recognised as the most developed course of its kind. Our online training school has a range of courses available to help investors improve their knowledge and skills. We offer clients bespoke research, often in difficult or complex situations, where in-house teams need support. Our in-depth analysis is high quality, and we offer an independent, impartial view. For in-depth sectoral research, we have access to a team of other talented analysts, mainly ex hedge fund, corporate finance or sell-side, who produce quality and in-depth research. Our analysis of quoted companies and industries is very similar to that conducted in a top quality investment bank. Our analysis of unquoted companies is best likened to that of a top 4 accountancy firm – we endeavour to do all the research ourselves using source accounts documents from Companies House, which is the best way to avoid data quality issues from offshoring or purchased generic data.