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"Cost of implementation sarbanes oxley" - The cost of implementation regarding the Sarbanes-Oxley Act could extend well beyond legal internal auditing practices and a concrete monetary figure. This truth will be explored through the actual calculated cost of implementation regarding the Sarbanes-Oxley Act, the underlying cost that money alone cannot satisfy, and lastly, how written articles optimized for Internet search engines can reduce cost and increase transparency with investors and the public.

As reported by the Financial Executives International, out of 217 companies surveyed with revenues above $5 billion, the cost associated with becoming compliant with the Sarbanes-Oxley Act through standard means of implementation averaged at $4.36 million dollars.

It has also been reported that monetary cost will eventually reduce itself naturally as accountants increase their familiarity with Sarbanes-Oxley Act implementation and become more accustomed to corporate evaluation.

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But what about the cost in public image towards a presently skeptical public$%: Is there no advantage in letting people and investors now about your internal activities$%:

A second report by Deloitte Touche Tohmatsu, an accounting and consulting firm, identifies impediments in implementation performance regarding the Sarbanes-Oxley Act far more hostile to corporate health than any actual monetized figures.

To quote from the report on such obstacles involved in implementation of the Sarbanes-Oxley Act:

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1. "Project mindset: ...many companies understandably treated section 404 compliance as a discrete project with a clearly defined ending point."

Any such endeavor not done in an open and transparent manner may not only hinder the goals of your business towards fulfilling implementation of the Sarbanes-Oxley Act, but could also fuel an already suspicious public from channeling their investments into your firm. Implementation should be seen through well-written online material, not discovered.

2. "Improvisational approach: Another symptom of deadline pressure showed up in the jerrybuilt practices that carried many companies through the first year."

With ill-defined goals and a lack of experience in producing proper communicative materials for investors, the public and also as an internal informational resource, what was once a quick fix could quickly become your corporate liability - communicative cost then becomes an immovable object that spawns further issues, all because of neglect in the quality and availability of written material at the onset.

3. "Ignored risks: Effective internal control is predicated on risk... the controls themselves -- exist expressly for the purpose of minimizing the risk of financial reporting errors... In year one, risk assessment was treated as an afterthought -- if addressed at all."

The primary reason for risk assessment is to address all threats - even those that are not monetized and neatly fit into the "bottom line." By ignoring the communications threats inherent in improper implementation of the Sarbanes-Oxley Act, your firm risks undermining its entire transparency strategy.

In addition to the audits themselves, it's easy to see how search-engine optimized articles (whose carefully targeted and inexpensive words are a fraction of the cost of mainstream media) can become a key asset regarding both Sarbanes-Oxley Act implementation as well as increasing your firm's visibility and standing in all respects including act compliance.

Recent illustrations:

Open-door access in implementation and a series of informative, well-written online articles can make an easy transition for you to achieve compliancy goals in regards to Sarbanes-Oxley Act implementation, as well as enhance public awareness of your firm and its dedication to legitimate practices.

In summary, articles that put your business on the top of Internet searches will become capable of making new inroads to the public mind, establish your firm as a transparent and responsible public entity (for Sarbanes-Oxley implementation or otherwise) and lastly, reduce your promotional budget cost by harnessing the power of the Internet and its increasingly dominant role as a public information provider.