Even though it has been 15 years since the adoption of the Sarbanes-Oxley (SOX) Act, it continues to be an ongoing topic across the C-Suite. Leaders are eager to understand how their organization’s compliance costs, hours, control counts, and other data points align with their peers to determine if there are opportunities to streamline their compliance efforts. Protiviti’s annual Sarbanes-Oxley survey addresses these questions and others.
This year’s key findings:
- Compliance costs appear to be trending down … or are they?
- Hours continue to go up.
- Use of outside resources is on the rise.
- Control counts are up.
- Revenue recognition, cyber security and the PCAOB are influencing forces.
- SOX work continues to be viewed as having a positive effect.
We’ve summarized the results in this handy infographic:
Learn more and download the survey at www.protiviti.com/SOXsurvey. Or, join us for a webinar at 1PM ET TOMORROW (Tuesday June 27) for a 90 minute webinar covering the results of the survey (and earn 1.5 CPE credits). Click HERE to register.
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