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Sarbanes-Oxley’s 4th Birthday: Is Anyone Celebrating?

Sarbanes-Oxley’s 4th Birthday: Is Anyone Celebrating?

by Rick Turoczy on August 3, 2006

The Sarbanes-Oxley Act turned four years old on July 30, but don’t be surprised if you didn’t hear anyone singing “Happy Birthday.”

To be sure, the four-year-old legislation has been a problem child for IT executives at public companies. Among other hurdles, they’ve been required to understand a slew of new acronyms: HIPAA, GLB, MFID, and NERC–most of which translate to a higher workload.

And it’s been expensive. Firms “have been given a challenge, a compliance imperative with a deadline, and it’s cost companies a lot of money,” says Forrester analyst Paul Hamerman.

Sarbanes-Oxley’s 4th Birthday: Is Anyone Celebrating?

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