Just like the rest of the Christian world, Mormons read the Holy Bible — specifically, the King James Version. But unlike the rest of the Christian world, Mormons do not believe the Bible is God’s only record of his teachings to his children on earth. For example, the Book of Mormon: Another Testament of Jesus Christ, is sacred scripture which testifies of Jesus Christ and chronicles the ancient people of the American continent. Mormons also have two other sets of scripture in their official canon: The Doctrine and Covenants and The Pearl of Great Price.
We believe the Bible to be the word of God as far as it is translated correctly; we also believe the Book of Mormon to be the word of God.