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al, p. 28). In a separate survey, Financial Executives International found $3.1 million in additional costs for companies with average revenues of $2.5 billion. According to Koehn and Del Vecchio (2004), significant increases in salaries may be attributed to the cost of compliance (p. 36). In 2003, a 6% increase in finance and a 10% increase in management salaries were noted (Koehn & Del Vecchio, p.36). Audit fees assigned by the top four auditing companies climbed by 25% to 33% since the enactment of Sarbanes-Oxley. A May 2003 survey by Financial Executives International forecasted an additional 35% increase in audit fees by mid-2004...
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Common topics in this essay:
- Analysis Of Sarbanes-Oxley – Section 404
- Are Public companies more unethical than Private companies?
- Discuss the management problems facing multinational companies and companies with an international dimension in various parts of the world
- Going Private - Sarbanes-Oxley
- How Do Private Capital Flows Assist Companies In Developing Countries
- Private Companies Struggle with the Sarbanes-Oxley Act
- Sarbanes Oxley Act
- Sarbanes Oxley Act
- Sarbanes Oxley
- Sarbanes Oxley
- Sarbanes-Oxley Act
- smaller companies effect on larger companies
- Sarbanes Oxley act
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- the sarbanes oxley act
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