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This excerpt taken from the ADM DEF 14A filed Sep 28, 2007. Auditors
The Audit Committee has engaged the services of
Ernst & Young LLP, independent registered public
accounting firm, for the fiscal year ending June 30, 2008.
Under the Sarbanes-Oxley Act of 2002 and related rulemaking, the
Audit Committee is required to appoint and directly oversee our
independent auditors. In light of these requirements, the Audit
Committee has determined not to submit the appointment of
Ernst & Young LLP to the stockholders for
ratification. Representatives of Ernst & Young LLP
will attend the annual meeting, will have the opportunity to
make a statement if they desire to do so, and will be available
to respond to appropriate questions.
This excerpt taken from the ADM DEF 14A filed Sep 22, 2006. Auditors
The Audit Committee has engaged the services of Ernst &
Young LLP, independent registered public accounting firm, for
the fiscal year ending June 30, 2007. Under the
Sarbanes-Oxley Act of 2002 and related rulemaking, the Audit
Committee is required to appoint and directly oversee the
Companys independent auditors. In light of these
requirements, the Audit Committee has determined not to submit
the appointment of Ernst & Young LLP to the
Stockholders for ratification. Representatives of
Ernst & Young LLP will attend the Annual Meeting, will
have the opportunity to make a statement if they desire to do
so, and will be available to respond to appropriate questions.
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