Private Companies Struggle with the Sarbanes-Oxley Act

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Issue:

Business

 

Written by:

Todd B

 

Date added:

February 7, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

6 / 1632

 

Was viewed:

5520 times

 

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Essay content:

al, p. 28). In a separate survey, Financial Executives International found $3.1 million in additional costs for companies with average revenues of $2.5 billion. According to Koehn and Del Vecchio (2004), significant increases in salaries may be attributed to the cost of compliance (p. 36). In 2003, a 6% increase in finance and a 10% increase in management salaries were noted (Koehn & Del Vecchio, p...
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According to Koehn and Del Vecchio (2004), significant increases in salaries may be attributed to the cost of compliance (p. 36). In 2003, a 6% increase in finance and a 10% increase in management salaries were noted (Koehn & Del Vecchio, p.36). Audit fees assigned by the top four auditing companies climbed by 25% to 33% since the enactment of Sarbanes-Oxley...
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