As security is such a major theme on the Act, many organizations are using the international ISO standards. The ISO 27001 Portal outlines these. A copy of the standards, and security policies, can be obtained via the ISO 17799 Toolkit.
Our server logs indicate some interesting mis-spellings: Sarbannes Oxley, Sorbane Oxley, Sarbanne Oxley, Sarbaines Oxley, Sarbanesoxley, Sorbanes Oxley, Sabanes Oxley, Sarbane Oxley, and Sarbanes Oaxley, to name but a few!
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The Sarbanes Oxley Act :: View topic - The salary of SOX implementator worldwide
The costs in connection with implementing SOX in the USA vary significantly based on region, size of company, industry, and generally, the salaries are based on market factors.
Certainly, the average SOX implementation costs are much higher in the USA than the amounts that you provided for your country. There is also a significant difference in the resource costs of implementing SOX when using an outside consultant versus using internal resources (Internal Audit Services, SOX Project Team, etc.)
Finally, developing SOX documentation is generally more costly than conducting SOX testing. Again, these costs vary greatly depending on whether a company uses an outside consultant or internal staffing.
For comparative purposes, I have seen billable rates of $70/hr. for SOX assistance to perform SOX testing. The rate to develop SOX documentation might reach $125/hr. also when using an outside consultant.
However, when SOX testing is done internally, the hourly rate can be reduced from $30-$40/hr. if competent resources are available in the area.
To conclude, the rates in the US are significantly higher than in Kiev and the annual equivalents are as follows:
Outside Consultant - $60-$125/hr. Annualized - $120,000 - $250,000 yr.
Internal Resource - $50,000 to $150,000 yr.
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