This excerpt taken from the VLG DEF 14A filed Oct 2, 2006.
Principal Accountants Fees and Services
Aggregate fees for professional services rendered to the Company by PricewaterhouseCoopers LLP (PricewaterhouseCoopers) as of or for3 the years ended June 30, 2006 and 2005, were:
Audit fees include the aggregate fees paid for professional services rendered for audits of the Companys consolidated financial statements in fiscal 2006 and 2005, including fees associated with the annual audit and reviews of the Companys quarterly reports on form 10-Q, and for services normally provided by the independent auditors in connection with statutory and regulatory filings or engagements for the relevant fiscal years. In fiscal 2006 and 2005 audit fees include payments totaling $48,500 and $51,000 for professional services provided in connection with the filing of a registration statement with the SEC.
The Companys Audit and Finance Committee has appointed PricewaterhouseCoopers LLP as the Companys principal accountant for the fiscal year ending June 30, 2007. Its representatives are expected to be present at the Annual Meeting with the opportunity to make a statement regarding financial and accounting matters of the Company if they desire to do so and are expected to be available to respond to appropriate questions from the Companys shareholders.
There were no other fees to report that would be included in the All Other fees category as of the year ended June 30, 2006 and June 30, 2005.