It is a book on the current working financial position of the company . it indicates the parameters for feasibility of the projects and its profitabilty, liquidity and solvency which are the deciding factor .it indicates the significance of cash manageent, inventory management, fund flow statement , receivables management, ratio analysis in the field of working capital .the need, objective , merits, drawbacks are to be addressed properly and proper implementation strategy is to be adopted . nalco be an navratna comapany plays an important role in the corporate sector of our country .it indicates the gap between the current assets and current liabilities of the company which plays a vital in development and growth of the company and country as a whole . the scope of execution is very important and its procedural part