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SOX Costs More, Says Survey; SOX Costs Less, Say Companies

By Angela Natividad  |  Monday September 10, 2007   

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The annual Foley & Lardner study on Sarbanes-Oxley (SOX) and its financial impact reveals that out-of-pocket compliance costs are continuing to climb.

This is happening despite an overall decrease in compliance costs. How is this happening? The biggest culprits are rising legal fees and audit expenses.

But while we’d like to add more fuel to the fire, Lora Bentley over at IT Business Edge has found a few firms that attest costs are going down, not up.

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