Summary Observations of black hole X-ray binaries and active galactic nuclei indicate that the accretion flows around black holes are composed of hot and cold gas, which have been theoretically described in terms of either a hot geometrically thick corona lying above and below a cold geometrically thin disk or an inner advection dominated accretion flow connected to an outer thin disk. This article reviews the accretion flows around black holes, with an emphasis on the physics that determines the configuration of hot and cold accreting gas, and how the configuration varies with the accretion rate and thereby produces various luminosity and spectra.