MTA » Topics » 1.3. Audit-related services

This excerpt taken from the MTA 20-F filed Jun 17, 2008.

3. Audit-related services

 

Audit-related services are mainly services that are usually performed by the external auditors in connection with the audit of the annual financial statements. Audit-related services also include due diligence services pertaining to potential business acquisitions/disposals, consultations related to accounting, financial reporting or disclosure matters not classified as audit-relevant services; assistance with understanding and implementing new accounting and financial reporting standards; financial audits of employee benefit plans and assistance with internal control reporting requirements.

 

The Audit Committee has granted general pre-approval with respect to the audit-related services listed in Appendix “B”. All audit-related services not listed in Appendix “B” are subject to specific pre-approval by the Audit Committee. In case of non-audit services related to internal controls over financial reporting specific pre-approval by the Audit Committee is also required.

 

This excerpt taken from the MTA 20-F filed Feb 22, 2007.

1.3. Audit-related services

Audit-related services are mainly services that are usually performed by the external auditors in connection with the audit of the annual financial statements. Audit-related services also include due diligence services pertaining to potential business acquisitions/disposals, consultations related to accounting, financial reporting or disclosure matters not classified as audit-relevant services; assistance with understanding and implementing new accounting and financial reporting standards; financial audits of employee benefit plans and assistance with internal control reporting requirements.

The Audit Committee grants general pre-approval for each business year up to a certain cost limit with respect to the audit-related services listed in Appendix “B”. All audit-related services not listed in Appendix “B” are subject to specific pre-approval by the Audit Committee.

This excerpt taken from the MTA 20-F filed May 11, 2005.

3. Audit-related services

 

Audit-related services are mainly services that are usually performed by the external auditors in connection with the audit of the annual financial statements. Audit-related services also include due diligence services pertaining to potential business acquisitions/disposals, consultations related to accounting, financial reporting or disclosure matters not classified as audit-relevant

services; assistance with understanding and implementing new accounting and financial reporting standards; financial audits of employee benefit plans and assistance with internal control reporting requirements.

 

The Audit Committee has granted general pre-approval with respect to the audit-related services listed in Appendix “B”. All audit-related services not listed in Appendix “B” are subject to specific pre-approval by the Audit Committee.

 

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