Compliance Spending for North American Companies to Hit $30 billion This Year

SoX Costs 
$6 billion

Annual compliance spending for all North American companies is expected to grow 8.5% this year to $29.9 billion from $27.3 billion in 2006, according to a study by AMR Research. 

Sarbanes-Oxley is expected to account for 20% (or $6 billion) of companies' compliance expenditures this year, and will grow to $6.2 billion in 2008, according to the report. 

Corporations' costs of complying with the 2002 Sarbanes-Oxley financial and accounting disclosure law are leveling off, but costs of meeting environmental guidelines are on the rise, according to the AMR study, reports WSJ.

Previous: « Economic Indicators: CPI Rose 0.2%; Leading Economic Indicators Up 0.1%

Next : » Nearly 80% Americans Use Internet to Plan Travel: Burst Study


  ABOUT    CONTACT Metrics 2.0 RSS Feeds RSS   Metrics 2.0 Widgets for your site or blog WIDGETS   ARCHIVES


Enter Email for Daily Feed Delivery:


Essential Business Books