Apple 2004 Annual Report Download - page 118

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Item 14. Principal Accountant Fees and Services
The following table sets forth the fees paid to the Company's independent registered public accounting firm, KPMG LLP, during fiscal years
2004 and 2003.
Audit and Non-Audit Fees
(1)
2004
2003
Audit Fees
$
3,402,300
(1)
$
3,028,000
Audit
-
Related Fees
57,000
(2)
144,600
Tax Fees
784,500
(3)
1,017,100
All Other Fees
—
—
Total
$
4,243,800
$
4,189,700
Audit fees relate to professional services rendered in connection with the audit of the Company's annual financial statements, quarterly
review of financial statements included in the Company's Forms 10-Q, and audit services provided in connection with other statutory and
regulatory filings.
(2) Audit-related fees include professional services related to the audit of the Company's financial statements, consultation on accounting
standards or transactions, and audits of employee benefit plans.
(3)
Tax fees include $667,600 for professional services rendered in connection with tax compliance and preparation relating to the
Company's expatriate program, tax audits and international tax compliance; and $116,900 for tax consulting and planning services
relating to interest computations and international tax changes. The Company does not engage KPMG to perform personal tax services
for its executive officers.
Policy on Audit Committee Pre-Approval of Audit and Non-Audit Services Performed by the Independent Registered Public
Accounting Firm
Prior to the enactment of the Sarbanes-Oxley Act of 2002 (the " Act "), the Company adopted an auditor independence policy that banned its
auditors from performing non-financial consulting services, such as information technology consulting and internal audit services. This auditor
policy also mandates that the audit and non-audit services and the related budget be approved by the Audit Committee in advance, and that the
Audit Committee be provided with quarterly reporting on actual spending. This policy also mandates that no auditor engagements for non-audit
services may be entered into without the express approval of the Audit Committee.
113