Protiviti: SOX Compliance – Changes Abound Amid Drive For Stability And Long-Term Value

As the Sarbanes-Oxley Act celebrates lucky birthday number 13 this summer, it’s tempting to hold the view that, by now, most public companies have – or should have – mastered the compliance process and achieved a level of stability in the costs and hours required. Unfortunately, this is not the case, largely because of the interestingly dynamic nature of SOX compliance.

Potent external forces continue to exert influence, both direct (e.g., the Committee of Sponsoring Organizations’ [COSO]