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| Topic: |
Business
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| Number of pages / Number of words: |
3 / 648 |
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2003). While The Sarbanes-Oxley act has a great deal of support, it is not a perfect solution. Alan Greenspan once called for changes to part of it and in fact called one of its provisions a "nightmare". In addition, many companies have complained about what they consider to be the high cost and overhead needed to satisfy the SOX act's requirements...
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In addition, many companies have complained about what they consider to be the high cost and overhead needed to satisfy the SOX act's requirements. The main complaint about the act was the lack of specific details about what exactly was required. This along with the potential for fines and imprisonment led many companies to overspend on their SOX compliance initiatives...
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