A KPMG survey of technology companies has found that the cost of Sarbanes-Oxley compliance is falling, the number of key controls shrinking, and, most surprisingly, the number of automated controls declining as well.
The third annual report, surveying controllers, compliance managers, and chief audit executives from 41 electronics and software businesses, does not purport to be the final say in the state of internal controls. But its authors and other compliance experts say that, with the exception perhaps of controls automation, the findings broadly represent the sector as a whole.
