Identify and evaluate contemporary issues in international financial management.

The contemporary issues in international financial management are numerous; one of which would be foreign exchange rate uncertainties due to increased volatility caused by ever changing global economic conditions. Furthermore, political unrest in certain regions could also have an adverse impact on markets thus making it difficult for firms operating within such locations to predict future cash flows & returns.

Moreover, cross-border transactions are becoming increasingly complex due to various laws/regulations implemented by different entities as well as fluctuating interest rates that may affect borrowing costs. Lastly there is also the issue of currency hedging which when done incorrectly could lead to huge losses down the road if proper precautions are not taken beforehand.

Ultimately though having a good understanding of all these potential risks should enable firms better manage their finances going forward while still achieving desired results regardless of any underlying circumstances.