Friday, April 08, 2005

Sarbanes-Oxley Compliance Costs Exceed Estimates

Public companies have had to dig even deeper than previously estimated to pay the costs of complying with Section 404 of the Sarbanes-Oxley Act, according to a just-completed survey by Financial Executives International (FEI). FEI is the leading professional organization of Chief Financial Officers (CFOs) and other senior financial executives.

See full Press Release, in pdf format.