Six Benefits of Sarbanes-Oxley Compliance - Slide 2
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Fifty-four percent of respondents said Sarbanes-Oxley compliance allows them to better understand how their internal controls are designed and what makes them effective.
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.
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
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