March 22 2004--The Sarbanes-Oxley Forum (http://www.sarbanes-oxley-forum.com) reports that over 60 per cent of businesses have either not yet considered compliance with the Sarbanes Oxley Act, or have only just started researching for it.

In their on-going on-site survey, completed by over five-hundred organizations, the SOX Forum found the following stark situation:

Not Started 19.07%
Just Beginning Research 40.47%
Plan Created and Ready to Go 16.74%
Changes Being Implemented 14.41%
Almost Compliant 5.72%
Already Fully Compliant 3.60%

The deadlines are fast approaching and the clock is ticking! Is your SOX plan in place yet?



This article courtesy of http://www.sarbanes-oxley-act-compliance.com.
You may freely reprint this article on your website or in
your newsletter provided this courtesy notice and the author
name and URL remain intact.

Submit Your Article