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Financial Management has been designed to provide comprehensive feed back for MBA, M.Com, CA/ICWA/CS Final/B.Tech and other vocational courses. No society and economy can survive long without adequate and timely availability of finance. In liberalisation era financial management provides greater responsibility. The volume analyses theories, concepts, assumptions and mechanics underlying the text to grasp the readers easily. Table of Contents Finance Function Financial Management Indian Financial System Financial Planning Financial Forecasting Capitalisation  Capital Structure Cost of Capital Leverage or Trading  on Equity Capital Budgeting or Investment Appraisal Methods Financial Statements Analysis Accounting Ratio Analysis Changes in Financial Position: ‘Fund Flow Statement Changes Financial position:’ Cash Flow Statement’ (Cash Basis) Management of Working capital Receivable Management Management of Cash Inventory Management Sources of Working Capital or Methods of Raising Short-Term Finance Sources of Long-Term-Finance or Methods of Raising Fixed Capital Venture Capital Capital Issue Control Depreciation Policy Dividend Policy.