Amid heightened regulations in the post-Enron/Worldcom business environment, corporations continue to feel the squeeze from Sarbanes-Oxley. Since its inception in 2004, SOX has brought dramatic increases in auditing costs to publicly traded companies across the US. These costs have been compounded by a shortage of qualified accountants. Craig M. Douglas of the Boston Business Journal reports,
"The pain was supposed to subside for companies after the first year of the Sarbanes-Oxley Act, as business pundits predicted that investments in pricey technologies and accounting infrastructure would peter out after taking a big, one-time bite out of Corporate America's bottom line.
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