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HSY » Topics » What is the Audit Committees policy regarding pre-approval of audit and non-audit services performed by the Companys independent auditors?

This excerpt taken from the HSY DEF 14A filed Mar 16, 2009.

What is the Audit Committee’s policy regarding pre-approval of audit and non-audit services performed by the Company’s independent auditors?

The Audit Committee pre-approves all audit and non-audit services performed by KPMG LLP. The Committee is authorized by its charter to delegate to one or more of its members the authority to pre-approve any audit or non-audit services, provided that the approval is presented to the Audit Committee at its next scheduled meeting. Under ordinary circumstances, the Committee will authorize KPMG LLP to perform only the following types of non-audit services:

 

  •  

Audit-related services that only the Company’s independent auditors may perform (such as securities offering comfort letters and accountants’ consents);

 

  •  

Benefit plan audits;

 

  •  

Tax services for statutory audits or filing assistance;

 

  •  

Audits to assure that certain required procedures are being complied with (including, for example, assuring that the Company and its contractual counter parties are complying with provisions of licenses or other contracts); and

 

  •  

Translation services to support foreign audits.

The Audit Committee pre-approved all services provided by KPMG LLP in 2008.

 

30

 

This excerpt taken from the HSY DEF 14A filed Mar 10, 2008.

What is the Audit Committee’s policy regarding pre-approval of audit and non-audit services performed by the Company’s independent auditors?

The Audit Committee pre-approves all audit and non-audit services performed by KPMG LLP. The Committee is authorized by its charter to delegate to one or more of its members the authority to pre-approve any audit or non-audit services, provided that the approval is presented to the Audit Committee at its next scheduled meeting. Under ordinary circumstances, the Committee will authorize KPMG LLP to perform only the following types of non-audit services:

 

  •  

Audit-related services that only the Company’s independent auditors may perform (such as securities offering comfort letters and accountants’ consents);

 

  •  

Benefit plan audits;

 

  •  

Tax services for statutory audits or filing assistance;

 

  •  

Audits to assure that certain required procedures are being complied with (including, for example, assuring that the Company and its contractual counter parties are complying with provisions of licenses or other contracts); and

 

  •  

Translation services to support foreign audits.

The Audit Committee pre-approved all services provided by KPMG LLP in 2007.

33

This excerpt taken from the HSY DEF 14A filed Mar 16, 2007.

What is the Audit Committee’s policy regarding pre-approval of audit and non-audit services performed by the Company’s independent auditors?

The Audit Committee pre-approves all audit and non-audit services performed by KPMG LLP. The Committee is authorized by its charter to delegate to one or more of its members the authority to pre-approve any audit or non-audit services, provided that the approval is presented to the Audit Committee at its next scheduled meeting. Under ordinary circumstances, the Committee will authorize KPMG LLP to perform only the following types of non-audit services:

 

  •  

audit-related services that only the Company’s independent auditors may perform (such as securities offering comfort letters and accountants’ consents);

 

  •  

benefit plan audits;

 

  •  

tax services for statutory audits or filing assistance;

 

  •  

audits to assure that certain required procedures are being complied with (including, for example, assuring that the Company and its contractual counter parties are complying with provisions of licenses or other contracts); and

 

  •  

translation services to support foreign audits.

The Audit Committee pre-approved all services provided by KPMG LLP in 2006.

27

EXCERPTS ON THIS PAGE:

DEF 14A
Mar 16, 2009
DEF 14A
Mar 10, 2008
DEF 14A
Mar 16, 2007

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