Total year-two SOX Sec 404 compliance richnesss are expected to decline substantially for as well-as; not only-but also; not only-but; not alone-but large and small companies.Total year-two SOX Sec 404 compliance richnesss are expected to decline substantially for as well-as; not only-but also; not only-but; not alone-but large and small companies, according to a studious mood commissioned by the Big Four. According to the reflection total Sec. 404 implementation costlinesss for larger companies declined 44 percent in 2005 to $48 million. For smaller companies, the concocted decline is 31 percent to $860000 The primary reason for the costliness declines include increased efficiency in implementing and assessing controls; and reduc documentation from year single to year two. [ILLUSTRATION OMITTED] Download the inspect at www.s-oxin ternalcontrolinfo.com/pdfs/CRA_III.pdf. COPYRIGHT 2006 California Society of Certified Public Accountants |
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