Electronic Arts 2008 Annual Report Download - page 33

PROPOSAL 4. RATIFICATION OF THE APPOINTMENT OF KPMG LLP, INDEPENDENT REGIS-
TERED PUBLIC ACCOUNTING FIRM
KPMG LLP has audited the financial statements of EA and its consolidated subsidiaries since fiscal 1987. The
Board, through the Audit Committee, has appointed KPMG LLP as EA’s independent auditors for fiscal 2009.
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. We expect one or more representatives of KPMG LLP to attend the Annual
Meeting in order to respond to appropriate questions from stockholders, and to make a statement if they desire
to do so.
Ratification 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 ratified, the Audit Committee may, in its
discretion, direct the appointment of different 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 fiscal years for each of the following categories of services are set
forth below:
Description of Fees
Year Ended
March 31, 2008
Year Ended
March 31, 2007
Audit
(1)
– Worldwide audit fee ........................................ $4,775,000 $4,475,000
– Accounting concurrence and regulatory matters .................... 120,000 157,000
Total audit fees . . . .......................................... 4,895,000 4,632,000
Audit-Related Fees
(2)
– Benefit plan audits ......................................... 76,000 29,000
Total audit-related fees ........................................ 76,000 29,000
Tax
(3)
– Compliance ............................................... 669,000 410,000
– Planning ................................................. — —
Total tax fees ............................................... 669,000 410,000
All Other Fees
(4)
Totalallotherfees........................................... 439,000 216,000
Total All Fees ................................................ $6,079,000 $5,287,000
(1)
Audit Fees: This category includes the annual audit of the Company’s financial statements and internal con-
trols over financial reporting (including required quarterly reviews of financial statements included in the
Company’s quarterly reports on Form 10-Q), and services normally provided by the independent auditors
in connection with regulatory filings. This category also includes consultation on matters that arose during,
or as a result of the audit or review of financial statements, statutory audits required for our non-US subsid-
iaries, and services associated with our periodic reports and other documents filed with the SEC and for-
eign filings, as well as Sarbanes-Oxley Section 404 compliance consultation.
(2)
Audit-Related Fees: This category consists primarily of fees related to the annual audit of our 401(k) bene-
fit plan.
(3)
Tax Services: This category includes compliance services rendered for US and foreign tax compliance and
returns, and transfer pricing documentation, as well as planning and advice, which consists primarily of
technical tax consulting.
(4)
Other: In fiscal 2008 and 2007, this category included accounting and tax due diligence related to potential
and completed acquisitions.
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