In modern time accounting and finance techniques have more importance than in past. Keeping good business relations with customers, employees, owners, investors and government these techniques have more complex than it was in the last century due to increase in trade, indusrr business and commerce not only at national level but also at international level. Today study of this subject is of the most vital and critical to understand. The contents and subject matter of this important subject is also changing very fast and innovative issues are emerging very soon. The book is useful to B.A.. B.com., BBA, M.A., M. Corn., MBA, CA, CS, and ICWA students of our country to keep good business conditions. The book has following distinctive features: This book fulfill desire of modern generation to have better knowledge of accounting and finance. It covers comprehensively all tips of management techniques. Through out to tailor its approach, subject-.matter and presentation of book is according to the needs of Indian students. The language has been kept simple and the entire discussion has been built on a logical and coherent outlines. The latest developments in the field of management science have also been incorporated at the proper places. This book will be a source of knowledge and expertise readily available to the readers. The latest requirements of the students have also been incorporated at the proper places. This book will be a source of knowledge and expertise readily available to the readers. The author is confident with all these PLUS features the readers will find the book useful and rewarding for them. Constructive and helpful suggestions for improvement in next edition of the book will be gratefully acknowledged.