This excerpt taken from the PBG DEF 14A filed Mar 31, 2006.
Pre-Approval Policies and Procedures. The Company has a policy that defines audit, audit-related, tax and other services to be provided to the Company by the Companys independent auditors (Auditor Services) and requires such Auditor Services to be pre-approved by the Audit and Affiliated Transactions Committee. In accordance with the Companys policy and applicable SEC rules and regulations, the Committee or its Chairperson pre-approves Auditor Services provided to the Company. Pre-approval is detailed as to the particular service or category of services. If Auditor Services are required prior to a regularly scheduled Committee meeting, the Committee Chairperson is authorized to approve such services, provided that they are consistent with the Companys policy and applicable SEC rules and regulations, and that the full Committee is advised of such services at the next regularly scheduled Committee meeting. The independent auditors and management periodically report to the Committee regarding the extent of Auditor Services provided by the independent auditors in accordance with this pre-approval, and the fees for the Auditor Services performed to date.