Against Strict Compliance Arguments for Term Paper

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The enactment of the Sarbanes-Oxley Act has brought exponentially higher costs of operating to every organization that must comply to its requirements. As many organizations are already quite lean in terms of headcount to minimize costs, many outsource compliance and the resulting business process management (BPO) activities to outsourcing organizations. Ironically legislation meant to bring American companies into higher levels of compliance continues to be one of the most lucrative businesses globally for outsourcing companies. Business Process Outsourcing (BPO) continues to accelerate as organizations spend heavily to gain access to expertise they do not have the funds to hire or the resources to fully take advantage of. The costs of compliance and governance and the risks associated with it paradoxically create higher levels of risk for organizations the laws were meant to protect and infuse with stability.

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Yet for all the costs of compliance, the benefits to organizations have already been seen at the cultural level, including more efficient processes, greater levels of accountability and measurement of results vs. merely monitoring activity. Compliance and governance has been the single most pivotal set of requirements any organization trading publicly in the U.S. has had to comply with, with the results being limited only by the organizations' ability to harness the required changes for their own competitive advantage......

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"Against Strict Compliance Arguments For" (2008, January 05) Retrieved June 4, 2026, from
https://www.aceyourpaper.com/essays/against-strict-compliance-arguments-33031

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"Against Strict Compliance Arguments For" 05 January 2008. Web.4 June. 2026. <
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"Against Strict Compliance Arguments For", 05 January 2008, Accessed.4 June. 2026,
https://www.aceyourpaper.com/essays/against-strict-compliance-arguments-33031
   

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