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Expensive Sox...
SOX spending accounts for 20% of global governance. From over at Findtechinsights:
Sarbanes-Oxley spending isn't likely to change much this year, according to AMR Research. The company's latest report predicts that, despite recent revisions to relax the corporate reform law's requirements, 2007 Sarbanes-Oxley compliance spending will stay at $6 billion and account for around 20 percent of the total governance, risk and compliance spend of $29.9 billion. The latter figure represents an 8.5 percent increase from 2006. The numbers don't change much, explains AMR Research VP John Hagerty, because some small companies will be spending on Sarbanes-Oxley compliance for the first time in 2007.
Posted March 01, 2007 in LogMatters | Permalink
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