Is the Sarbox hiring boomlet over?

People jokingly refer to Sarbanes-Oxley as the full employment act for accountants. Clearly, a lot of accountants, as well as finance and IT types, owe their jobs to the law. But the San Francisco Business Times notes that the hiring may be waning--even as the top firms hone their hiring practices to a near science. Controls are placed at many companies, and processes have been streamlined. There may actually be some layoffs in the works in some Big Four offices. The economy may have a lot to do with this. Companies are not going to be in expansion mode. While audits will always be necessary, a lot of related projects, especially on the consulting side, may not get funded. On the client side, you can bet a lot of departments are feeling headcount pressure.  

For more:
- here's the  San Francisco Business Times article
- here's an article on the art of recruitment from cfo.com

Related Article:
Wasn't Sarbox supposed to prevent this? Article