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<PAGE> 1 EXHIBIT 23.2 CONSENT OF KRANITZ & PHILIPP <PAGE> 2 CONSENT OF KRANITZ & PHILIPP We consent to the references to us under the captions " Certain Relationships and Related Transactions" and "Legal Matters" in the prospectus comprising a part of the registration statement of International Monetary Systems, Ltd. on Form SB-2 (File No. 333-94597), and elsewhere in the registration statement. /s/ KRANITZ & PHILIPP KRANITZ & PHILIPP Milwaukee, Wisconsin June 12, 2000
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