Wednesday, December 14, 2005

Survey: A $6 Billion Bill for Sarb-Ox in 2006


Analysts at AMR Research estimate companies will spend $6 billion to comply with the Sarbanes-Oxley Act in 2006. That’s just slightly above the $6.1 billion companies spent in 2005, though spending on technology is due to rise as labor spending related to compliance falls. AMR, which issued a statement about its research Nov. 29, based its conclusion on a recent survey of more than 300 executives asked questions about their Sarbanes-Oxley and regulatory compliance spending priorities.

See full Article.