A PENNY AT A TIME (April 16, 2005)
Sarbanes-Oxley victims are counting pennies. They know, or they have been told, it will bring benefits. But at what costs? Audit costs seem anecdotally to be up by 50% or so. Honest injuns think it might not be worth the cost. Chiefs keep silent, it isn't worth their salary to rock the canoe. Interestingly, the article suggests that this year is a hump, and next year should be cheaper as the systems are in place.
http://financialcryptography.com/mt/archives/000444.html
MYOBTC / Mind Your Own ₿itcoin⚡️
npub1xw…3wdjs
2023-04-15 21:31:35 GMT
Author Public Key
npub1xwjhst54jr3cnrkvh8gcksuuctjk3as3rgcn7zxzjprmrdgy6f2s63wdjsPublished at
2023-04-15 21:31:35 GMTEvent JSON
{
"id": "edb47a04f79910dd94ace6a3f1aa736f51a2a152c21f6d7b96124667c4637132",
"pubkey": "33a5782e9590e3898eccb9d18b439cc2e568f6111a313f08c29047b1b504d255",
"created_at": 1681594295,
"kind": 1,
"tags": [],
"content": "A PENNY AT A TIME (April 16, 2005)\n\nSarbanes-Oxley victims are counting pennies. They know, or they have been told, it will bring benefits. But at what costs? Audit costs seem anecdotally to be up by 50% or so. Honest injuns think it might not be worth the cost. Chiefs keep silent, it isn't worth their salary to rock the canoe. Interestingly, the article suggests that this year is a hump, and next year should be cheaper as the systems are in place.\n\nhttp://financialcryptography.com/mt/archives/000444.html",
"sig": "142872c5c95e72a84fa265deff2838ca3b362b02db5454c495f2da7f98f909c24534315767e66aa10f3db8814299be5dd27b6fa7e41095b977efe251d787f9bc"
}