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    Sarbanes Oxley is an added cost to any organization which ha

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    Sarbanes Oxley is an added cost to any organization which has to comply with the regulation, yet gives investors more confidence in financial details. Compare the costs to the benefits to determine whether you are for or against this legislation. State your reasons with your answer.

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    https://brainmass.com/business/the-role-of-government-and-regulation/sarbanes-oxley-added-cost-any-organization-460162

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    The advantages of SOX definitely outweigh the advantages. It is true that compliance is a hefty expense for any company. When SOX was first enacted, many companies had to de-list their stock and become private companies, because the costs of compliance, in terms of both money and resources, were too much to bear, especially for the smaller companies. The main disadvantage is that the costs are extensive, and it takes both ...

    Solution Summary

    Sarbanes Oxley is an added cost to any organization which has to comply with the regulation, yet gives investors more confidence in financial details. Compare the costs to the benefits to determine whether you are for or against this legislation. State your reasons with your answer.

    $2.19