Electronic Arts 2005 Annual Report Download - page 29

PROPOSAL 4. RATIFICATION OF THE APPOINTMENT OF KPMG LLP, INDEPENDENT
REGISTERED PUBLIC ACCOUNTING FIRM
KPMG LLP has audited the Ñnancial statements of EA and its consolidated subsidiaries since Ñscal 1987.
The Board, through the Audit Committee, has appointed KPMG LLP as EA's independent registered public
accounting Ñrm (""independent auditors'') for Ñscal 2006. The Audit Committee and the Board believe that
KPMG LLP's long-term knowledge of EA and its subsidiaries is valuable to the Company. Representatives of
KPMG LLP have direct access to members of the Audit Committee and the Board. Representatives of
KPMG LLP will attend the meeting in order to respond to appropriate questions from stockholders, and may
make a statement if they desire to do so.
RatiÑcation of the appointment of KPMG LLP as our independent auditors is not required by our bylaws or
otherwise. The Board of Directors has determined to submit this proposal to the stockholders as a matter of
good corporate practice. If the stockholders do not ratify the appointment, the Audit Committee will review
their future selection of auditors. Even if the appointment is ratiÑed, the Audit Committee may, in its
discretion, direct the appointment of diÅerent independent auditors at any time during the year if they
determine that such a change would be in the best interests of the Company and the stockholders.
Fees of Independent Auditors
The aggregate fees billed for the last two Ñscal years for each of the following categories of services are set
forth below:
Year Ended Year Ended
Description of Fees March 31, 2005 March 31, 2004
Audit(1)
Proxy Statement
Ó Worldwide audit fee ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ $3,600,000 $1,613,000
Ó Accounting concurrence and regulatory matters ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ 169,000 517,000
Total audit feesÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ 3,769,000 2,130,000
Audit-Related Fees(2)
Ó BeneÑt plan audit ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ 18,000 18,000
Total audit-related fees ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ 18,000 18,000
Tax(3)
Ó Compliance ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ 690,000 718,000
Ó Planning ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ 13,000 102,000
Total tax fees ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ 703,000 820,000
All Other Fees(4)
Total all other fees ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ Ì Ì
Total All FeesÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ $4,490,000 $2,968,000
(1) Audit Fees: This category includes the annual audit of the Company's Ñnancial statements and management's
assessment of internal control over Ñnancial reporting, (including required quarterly reviews of Ñnancial statements
included in the Company's quarterly reports on Form 10-Q) and services normally provided by the independent
auditors in connection with regulatory Ñlings. This category also includes consultation on matters that arose during, or
as a result of the audit or review of Ñnancial statements, statutory audits required for our non-US subsidiaries, and
services associated with our registration statement on Form S-3 Ñled in January 2003, periodic reports and other
documents Ñled with the SEC and foreign Ñlings, as well as Sarbanes-Oxley Section 404 (""Section 404'') compliance
consultation. The increase in audit fees for Ñscal 2005 was primarily due to costs incurred in connection with the audit
of management's assessment of internal control over Ñnancial reporting, as required by Section 404.
(2) Audit-Related Fees: This category consists of fees related to the annual audit of our 401(k) beneÑt plan.
(3) Tax Services: This category includes compliance services rendered for US and foreign tax compliance and returns, and
transfer pricing consultation, as well as planning and advice which consists primarily of technical tax consulting.
(4) Other: In Ñscal years 2004 and 2005, no products or services were provided under this category.
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