SOX compliance effort calculator 2139
calvin last edited by
Have any one done any estimation of time and effort spent during a year for SOX compliance related activities including scoping, planning, testing, remediation and reporting. In a typical organization time and effort is spent on the related activities by involved persons including PMO, control owners, independent consultants and external auditors. Has anyone does some quantitative estimation or has a model to estimate this time and effort.
Basically we are looking for some compliance tool/product to meet our needs but since we are not that big in size we want to evaluate the TCO/ROI to prepare a business case for the management.
I am looking for a model or ideas to guide where should I can focus on to estimate this. Any help in this direction would be appreciated.