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Measuring; Planning; Reporting; Prescribing officials (RMG 212) Preventing, detecting and dealing with fraud (RMG 201) The banking of cash by … In this article, we will look at 1) what exactly a finance department is, 2) the main objectives of this department, 3) the functions it carries out, 4) the elements comprising this department, 5) positions required to run this department… The Department is open; however, our building has limited visitor access. When you’re working in financial services, whether it’s in accounting, banking, or bookkeeping - you spend most of your time crunching numbers and building customer relationships. Throughout history, this industry has been faced with issues of trust. The Department of Finance Canada is responsible for the overall stewardship of the Canadian economy. 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