Six Benefits of Sarbanes-Oxley Compliance - Slide 5

Email     |     Share  
1 | 2 | 3 | 4 | 5 | 6 | 7
Next Six Benefits of Sarbanes-Oxley Compliance-5 Next

More than one-third (39 percent) of respondents agreed that compliance allows their external auditors to rely more often on the work that has already been done by the internal audit team rather than retesting every control.

As much as accelerated filers griped about the burden of Sarbanes-Oxley compliance in the initial years, one part of a new study from business consulting and internal audit firm Protiviti revealed that their tunes change a bit as they gain more experience with meeting those requirements.

Specifically, in the survey of more than 400 executives and professionals across a variety of industries, 70 percent said the benefits of Sarbanes-Oxley compliance outweigh the cost. Over time, the many man hours and all the money spent on software to automate controls, consultants, auditors, filing fees, etc., pays off.
 

Related Topics : Application Security, IT Process Management, Six Sigma

 
More Slideshows

142x105itbeusasecurity2.jpg 9 Predictions for Cybersecurity’s Role in Government and Politics in 2017

Experts predict how cybersecurity will affect and involve our government, policies and politics in 2017. ...  More >>

Five9RemoteEmployees0x 5 Best Practices to Enable Remote Workers

Recent years have seen a significant increase in the remote workforce as developments in technology have given employees the freedom to work anywhere, anytime. ...  More >>

DataM62-190x128 10 Steps for a Proper Data Governance Plan

Establishing a digital governance plan can be a challenge, but with the right education and tools, the job can be made a lot simpler. ...  More >>

Subscribe to our Newsletters

Sign up now and get the best business technology insights direct to your inbox.