Free Pricing | JCPenney Coupons | Pizza Hut Coupons | Home Depot Coupons
The Rising Cost of Compliance

The Rising Cost of Compliance

by Rick Turoczy on September 9, 2004

Take Sarbanes-Oxley: According to AMR Research, companies will spend $5.5 billion in 2004 to meet Sarbox requirements mandated by the federal government for public companies—specifically, requirements related to Section 404, which stipulates how public companies must disclose their financial information. Of that total, nearly $1 billion will be spent on IT, opportuning CIOs to take a leading role in compliance discussions that cover Section 404. And compliance is only going to become a bigger issue for CIOs as Congress passes more legislation governing corporate practices.

The Rising Cost of Compliance

Leave a Comment

Previous post:

Next post: