Financial sector is very important sector and the life blood of any economy. It generally comprises of capital market, banking and insurance industry. Also, it is one of the most dynamic sectors among other sectors in any economy. The sector is still facing huge challenges in sustaining the stability and growth potentials due to the existing issues such as volatility of exchange rate, economic crisis and regulatory framework etc. As an emerging market in tacking these issues, Sri Lanka needs the objective evidence with new interpretation to the prevailing issues in the sector. The research-based interpretations to the existing issues in the sector is a vacuum in Sri Lankan financial sector. Having considered dire need of wealth of research evidences for making informed decisions in the financial sector. The Department of Accountancy and Finance published edited book volume series titled “Contemporary issues in finance”. Another important aim of this initiative is to promote research culture among the students and academics of the Department.