In terms of technical capability at least, by utilizing computer networks, even firms that are small in scale can solicit funds directly from overseas investors and individuals can deal directly with overseas financial institutions. Availability of diverse financial services to meet the potential needs of firms and households provides the basis for revitalizing the financial sector as a growth industry.
Although the guide identifies 58 separate provisions that affect internal auditing, I think it is also important to stress the fundamental underlying sentiment of the act. Simply stated, the current status quo for corporate governance is unacceptable and must change. This message is applicable to both public and private companies alike and affects everyone within a company.