Practical Learning Series — Financial Management and Strategic Management

This edition of Financial Management & Strategic Management, authored by CA B. Saravana Prasath and published under the Practical Learning Series by Commercial Law Publishers (India) Pvt. Ltd., is a comprehensive and exam-oriented resource designed specifically for CA-Intermediate students. Updated and applicable for the May 2026, September 2026, and January 2027 examinations, this 3rd Edition (February 2026) is structured in accordance with the latest syllabus requirements and examination trends.

The book presents both Financial Management and Strategic Management in a clear, student-friendly format, ensuring conceptual clarity and practical application. The content is organized with an easy-to-follow structure, detailed explanations, and chapter overviews that help students understand the flow of each topic, sub-topic, and concept for better retention and effective revision.

The coverage spans the complete CA-Intermediate syllabus, including:

• Introduction to Financial Management and Scope
• Time Value of Money and Capital Budgeting Decisions
• Cost of Capital and Capital Structure Decisions
• Leverages and Dividend Decisions
• Working Capital Management
• Risk Analysis in Capital Budgeting
• Introduction to Strategic Management
• Strategic Analysis and Strategic Planning
• Formulation and Implementation of Strategy
• Business Level and Corporate Level Strategies
• Functional Strategies and Strategic Control

This edition includes around 415+ fully solved illustrations presented in a step-by-step manner to strengthen problem-solving skills. It also features approximately 600+ MCQs, including case scenario-based questions, with answers for practice to enhance exam readiness. The use of diagrams, tables, charts, comparison analysis, and graphical presentations supports quick learning and conceptual reinforcement. A fast-track reference section enables quick revision of important formulas and procedures across all topics.

This book is particularly suitable for:

• CA-Intermediate aspirants preparing under the latest syllabus
• Students seeking strong conceptual foundations along with extensive practical practice
• Candidates aiming for clarity in both numerical and theory-based questions
• Faculty and mentors guiding CA-Intermediate students
• Commerce and finance students looking to build expertise in financial and strategic management

Whether used for structured preparation, practice, or last-minute revision, this updated edition of Financial Management & Strategic Management serves as a complete and reliable guide for CA-Intermediate examinations in 2026–27.