Just to share a little more from the same resource as the earlier one I posted (Financial Executives International's website article), the FEI organization did a cover story earlier in 2012 as to Sarbanes Oxley's impact one decade later. You'll find the link here:http://www.financialexecutives.org/KenticoCMS/Financial-Executive-Magazine/2012_07/Sarbanes-Oxley--A-Decade-Later.aspx#axzz2lCP5gvJY

One of the experts quoted in the article, Peter Henning, who is an expert on white-collar crime, noted that while the effects of SOX implementation were devastatingly costly for some organizations, that the overall impact on fraud has been favorable. In other words, while SOX didn't stop ALL fraud, it did have some impact on lessening the activity.

What are your thoughts, Everyone? Do you agree...disagree?

Response must be at least 200 words!