Acute renal failure (ARF) is defined as the kidneys' inability to maintain homeostasis, leading to a buildup of nitrogenous wastes, and it can occur due to pre-renal, intrinsic, or post-renal causes. Symptoms include weight gain, peripheral edema, hyperkalemia, and changes in urine output, while diagnostic tools focus on urinary indices, lab findings, and imaging studies. Management involves immediate treatment of complications, addressing the underlying cause, and may require dialysis to control symptoms and metabolic disturbances.