How much has been spent, how much will be spent, and what it may soon have to do with you if you're a foreign company or small firm
$14 billion has been spent to date on Sarbanes-Oxley (SOX) compliance efforts, according to a recent research alert from AMR.
The figure is expected to climb to $20 billion by the end of this year, by which time $15.3 billion will go to internal staff time plus external consulting and the rest to technology spending. Click here to find out more!
These figures are no surprise to larger U.S. companies, which have been working towards compliance for two years. However, different classes of companies will soon find themselves impacted by SOX.
See full Article.
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