The economic and industrial development of a country largely depends  upon how efficiently the funds are managed by its society. During the last fifty years many new concepts tools and techniques  have been included in the field of financial management. This unique book reflects an overview of varoius elements of financial management practice, policy and research  to make reader perfect in the field. The aim of this book is to serve as source book on significant aspects of financial management, besides, being of utmost importance, the book is a must for B.com, BBA, M.Com and MBA students of our country.