Essentials of Financial Management: Theory and Practice is a comprehensive guide to understanding financial management principles. The book provides a structured approach to analyzing financial decisions, focusing on capital acquisition, investment strategies, and financial performance evaluation. It explains crucial financial concepts such as the cost of capital, leverage, capital structure, and dividend policies, ensuring readers gain a strong foundation in financial management. With a balance between theoretical knowledge and practical insights, this book is beneficial for students, academicians, and finance professionals. It emphasizes real-world applications, equipping readers with the necessary skills to assess financial risks, optimize financial resources, and make informed decisions. The inclusion of key financial management strategies and frameworks ensures a well-rounded understanding of the subject. Designed to be accessible and informative, this book is an essential resource for anyone looking to build expertise in financial management and develop a strategic approach to corporate financial planning.