Significant additional governance overhead costs

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Sarbanes Oxley has resulted in significant additional governance overhead costs for all affected companies in addition one major change to the potential billable hours of large public accounting firms is that they can no longer provide consulting services for their publicly traded audit clients. Do you feel the costs of fighting fraud and malfeasance are being passed on to consumers? How do these costs affect a domestic company as it relates to being competitive globally? Support your response with research

Reference no: EM13744817

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