Sarbanes-Oxley: $10 Billion a Word?
Global Services points out that each word in the 168-word Section 404 of the Sarbanes-Oxley costs the U.S. economy billions of dollars each year.
"This, says the editorial, "at a time when companies are under severe pressure to become lighter and innovate more as global competition intensifies. No Chinese or Indian company is being made to spend 15% of IT budgets on compliance (Gartner’s numbers)."
26-Jun-2006
By BL Ochman
Permalink
Email this
digg it +del.icio.us Tags: corporate_ethics_compliance_Sarbanes_Oxley SOX_compliance
Permalink
Email this
digg it +del.icio.us Tags: corporate_ethics_compliance_Sarbanes_Oxley SOX_compliance
Email this to a friend