Diabetic ketoacidosis is a life-threatening complication that occurs predominantly in patients with type 1 diabetes due to a lack of insulin. The body switches to burning fatty acids which produces acidic ketone bodies, causing symptoms like weakness, shortness of breath, fruity breath, confusion and abdominal pain. Diagnosis is based on high plasma glucose, low pH and bicarbonate levels, high anion gap, and strong urine and serum ketones. Treatment involves gradual fluid replacement, electrolyte correction, low-dose insulin therapy to gradually lower blood glucose levels, and treating any precipitating causes.