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This is done through the stock and bond markets. For the effective execution of the managerial finance functions, routine functions have to be performed. It deputes experts to member countries to deal with the balance of payments problems. A key part of their function was to replace private finance as a more reliable source of lending for investment projects in developing states. This article explains the role of the three important international organizations, namely, World Bank, the International Monetary Fund, and the World Trade Organization in facilitating trade. This training is imported to the senior officers of the central banks and Finance Departments. Two international institutions, the International Monetary Fund (IMF) and the World Bank were created. The functions alluded to below broadly represents the varying functions performed on a daily basis by the Authority. The function of financial markets in the economy. Finance Manager: Function # 1. It helps the war-devasted countries by granting them loans for reconstruction. Functions of the World Bank. It plays an important role in mobilising the savings and diverting them in productive investment. Like any finance function, international finance, the finance function of a multinational firm has two functions namely, treasury and control. Financial market gives strength to economy by making finance available at the right place. What are the functions of an accounting department of an organization? The treasurer is responsible for financial planning analysis, fund acquisition, investment financing, cash management, investment decision and risk Function # 11. Markets also allow these businesses to offset risk. In the loan instance, a borrower's credit rating may change during the life of a loan, thereby changing the value of the loan at that point in time, which reflects the interest and amortization payments expected in the future (Krayer, 2002). Financial markets, from the name itself, are a type of marketplace that provides an avenue for the sale and purchase of assets such as bonds, stocks, foreign exchange, and derivatives. In very big companies the accounting or finance department is headed by the Chief Accountant. The main function of International Monetary Fund is to push the cooperation in international monetary and stability of exchange rates assists the international trade to grow and provide resources for the member countries to help them in situation of difficult balance of payments and poverty conditions. INTERNATIONAL FINANCIAL MARKET SCOPE OF INTERNATIONAL FINANCIAL MANAGEMENT International finance is related to management, economic and commercial activities and accounting sciences. Executives projected that several parts of the finance function will be at least twice as globalized in two to three years—KPIs and reporting (53% compared with 26% currently), process design and build (40% compared with 16% currently), and master data (38% compared with 19% currently). As companies grow and their clients and operations spread out geographically and are served by more complex business structures, they tend to place a higher percentage of finance staff in business units. for increasing the supply of international liquidity and promoting greater monetary cooperation among member countries. The IMF provides the necessary machinery for consultation and collaboration on international monetary problems. When a company decides to defend and expand its foreign market position by establishing marketing or production operations in one or more host countries, it establishes a separate international division. 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