Replies

To: SirLinksalot

It is in the billions. I think FedEx spent 14 million on SOX last year alone. The "sox compliance" gestapo look at EVERYTHING -- way beyond the financial statements. Their definition of "controls" go way beyond separation of duties. They actually have people who have no idea what they are doing looking a source code.

I don't know which is better -- being a SOX compliance officer (with unlimited power) or being on the receiving end (which is too funny for words).

Either way it is NVA -- at $400 an hour.

5 posted on 08/04/2006 9:59:58 AM PDT by freedumb2003 ("Knock knock" "who's there?" "Babs' uvula")

To: freedumb2003

It's ironic reading this as I sit in (what was once)the Enron building (1500 Louisiana) and peruse my company's intranet offerings on SOX. These rules truly are business killers.

11 posted on 08/04/2006 12:45:45 PM PDT by -=SoylentSquirrel=- (Liberals, The Other White Meat)

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