Electronic Arts 2014 Annual Report Download - page 29

Proxy Statement
PROPOSAL 3: RATIFICATION OF THE APPOINTMENT OF KPMG LLP, INDEPENDENT
REGISTERED PUBLIC ACCOUNTING FIRM
KPMG LLP has audited the financial statements of the Company and its consolidated subsidiaries since fiscal
1987. The Board of Directors, through the Audit Committee, has appointed KPMG LLP as the Company’s
independent auditors for the fiscal year ending March 31, 2015. The Audit Committee and the Board of Directors
believe that KPMG LLP’s long-term knowledge of EA and its subsidiaries is valuable to the Company as
discussed further below. Representatives of KPMG LLP have direct access to members of the Audit Committee
and the Board of Directors. We expect one or more representatives of KPMG LLP to attend the Annual Meeting
in order to respond to appropriate questions from stockholders.
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 its 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 it determines 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, 2014
Year Ended
March 31, 2013
Audit Fees(1)
Worldwide audit fee ............................................... $4,640,000 $4,737,000
Accounting concurrence and regulatory matters ......................... 67,000 50,000
Total Audit Fees .................................................... 4,707,000 4,787,000
Audit-Related Fees(2) ................................................ — 20,000
Tax Fees(3)
Compliance ...................................................... 505,000 386,000
Acquisition-related due diligence ..................................... — 55,000
Total Tax Fees ..................................................... 505,000 441,000
Total All Fees ...................................................... $5,212,000 $5,248,000
(1) Audit Fees: This category includes the annual audit of the Company’s financial statements and internal
controls over financial reporting (including 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 subsidiaries,
and services associated with our periodic reports and other documents filed with the SEC and foreign filings,
as well as Sarbanes-Oxley Section 404 compliance consultation.
(2) Audit-Related Fees: This category consists of fees for assurance and related services that are reasonably
related to the performance of the audit or review of the Company’s financial statements and are not reported
under “Audit Fees.” These services may include employee benefit plan audits, accounting consultations in
connection with transactions, and merger and acquisition due diligence. In fiscal 2013, these fees relate to
acquisition-related financial due diligence.
(3) Tax Fees: This category includes compliance services rendered for U.S. and foreign tax compliance and
returns, and transfer pricing documentation, as well as planning and advice, which consists primarily of
technical tax consulting and acquisition-related tax due diligence.
Services Provided by the Independent Auditor
KPMG LLP audits our consolidated operations and provides statutory audits for 36 legal entities within our
international corporate structure. Having one audit firm with a strong global presence responsible for these audits
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