The squeeze is on.

After collectively spending billions on compliance activities over the years, many companies are suffering from "compliance fatigue." And though it's tempting to just leave it all behind, that's probably not a good idea.

In fact, many companies are looking at increasing demands for compliance, especially if they're extending operations into new markets around the world.

Sarbanes-Oxley was just the start. It triggered a massive effort to improve the quality of financial reporting, and for many organizations, it is working. Financial restatement rates have started to decline, and financial...