Are SOX Compliance Costs Going Up or Down?

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Going Private chides us for saying that the costs of compliance with Sarbanes Oxley should be expected to decrease over time. We didn’t have any real data on this but figured that maintaining compliance should be easier than getting compliant. Not so, protests GP—the costs keep going up and the accountants keep getting wealthier. She even points to a Financial Times article which cites a study by Foley & Lardner.
And there’s the rub. Because we also saw that study and many articles about it. And the ones we saw said the cost of compliance is going down. So which is it? We report our confusion, you decide.

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[Going Private]

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