Survey: Sarbanes-Oxley has big impact

Sixty-eight percent of U.S. corporate IT executives said complying with the Sarbanes-Oxley Act of 2002 is having a major impact on their IT operations, according to a new survey.

Mercury Interactive Corp. and the Economis Intelligence Unit questioned 800 IT executives in 22 countries about Sarbanes-Oxley, which established new requirements for corporate governance and financial disclosure.

Compliance to Sarbanes-Oxley and to similar regulations in the 22 countries was cited as one of the greatest challenges facing IT managers by more than 80 percent of the largest companies in the Asia-Pacific region, 74 percent of U.S. companies, and 45 percent of the largest Middle-Eastern companies, the report said.

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