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    Does the benefits of Sarbanes Oxley Act justify the costs?

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    Cost/benefit analysis of the Sarbanes- Oxley Act. The focus is to be on the question of if the benefits of SOX justify the costs.

    © BrainMass Inc. brainmass.com June 4, 2020, 12:19 am ad1c9bdddf
    https://brainmass.com/business/business-law/does-the-benefits-of-sarbanes-oxley-act-justify-the-costs-332136

    Solution Preview

    The answer to whether the Sarbanes-Oxley Act benefits justify the costs depends on who you ask. The direct costs are increased accounting and audit fees. The indirect costs are increased costs to go public, decision making analyzed for SOX compliance, and the need for an independent ...

    Solution Summary

    Whether the benefits of the Sarbanes Oxley Act justifies the costs are explored from the business and the accounting expert view points.

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