This is a question answered, to a degree, by Protiviti in their latest annual Sarbanes-Oxley Compliance Survey: Benchmarking SOX Costs, Hours and Controls.
Let me first thank Brian Christensen and Protiviti for their continued annual reporting. They have upgraded it each year to provide additional information (partly, perhaps, in response to my and others’ feedback).
As expected, Protiviti reports a continued rise in SOX costs. This is consistent with what I am hearing from companies, especially those attending my SOX Masters courses[1]. I will expand on that later.
The report…
