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Q: Sarbanes-Oxley Act ( No Answer,   1 Comment )
Question  
Subject: Sarbanes-Oxley Act
Category: Miscellaneous
Asked by: jonathanrwillard-ga
List Price: $5.00
Posted: 21 Sep 2004 09:17 PDT
Expires: 21 Oct 2004 09:17 PDT
Question ID: 404224
How much money have companies spent towards complying with the Sarbanes-Oxley Act?
Answer  
There is no answer at this time.

Comments  
Subject: Re: Sarbanes-Oxley Act
From: tar_heel_v-ga on 21 Sep 2004 14:41 PDT
 
"In July 2004, FEI surveyed 224 public companies with average revenues of
$2.5 billion to gauge Section 404 compliance cost estimates.  Results showed
the total cost of compliance is now estimated at $3.14 million*, or 62% more
than the $1.93 million estimate identified in FEI's January 2004 survey."

Sarbanes-Oxley Compliance Cost Estimates Soar 62% Since January '04  
http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/08-11-2004/0002229830&EDATE=

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