30 Percent of Fast-Growth Private Companies Applying Sarbanes-Oxley Principles

Why would a company volunteer compliance with a regulation that it is not required to follow?  Quite a few private companies are seeking some level of Sarbanes-Oxley compliance as a “best business practice,” to solve present or future business problems, to increase the value of the company or even possibly to go public sometime in the future.  A cost-benefit analysis must be conducted to determine whether a specific company should seek Sarbanes-Oxley compliance, but this article gives quite a bit of information on what types of companies are doing it and why.  Visit Prevari.com for more information on Sarbanes-Oxley compliance and general risk management.