Framingham, Mass. - A survey of 220 businesses revealed that while compliance costs associated with Sarbanes-Oxley Sections 404 and 302 are front-loaded, once companies are through the process, there is a great deal of proportional value.The poll, conducted jointly by International Data Corp. and RevenueRecognition.com, also noted that a compliance "chasm" exists and that companies that have crossed it have achieved more effective results at less cost.
IDC asked respondents to rate the cost of six major SOX compliance tasks, and also to judge the effectiveness of those tasks for improving risk management.
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access