2017 State of the SOX/Internal Controls Market Report

Jul 28, 2017

The SOX & Internal Controls Professionals Group, Moss Adams LLP, and Workiva sponsored a survey in April 2017 that polled SOX and internal control professionals from companies representing a wide range of industries, sizes, and SOX process complexity. The survey questions focused on the state of SOX and internal control processes, costs associated with compliance, and the top challenges as ranked by the respondents.

This is the second annual survey, with the first version being published in September 2016. The survey results reflect various levels of current process maturity and evolving discipline as practitioners aspire to modernize processes and make them more efficient.

Those surveyed were primarily based in the United States and represented firms ranging from $20 million to more than $100 billion in annual revenue. Feedback was received from departments of all sizes, ranging from departments comprised of less than five professionals to those that have hundreds involved in the process.

 

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