Symantec 2016 Annual Report Download - page 33

PROPOSAL NO. 2
RATIFICATION OF APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
The Audit Committee has appointed KPMG LLP (“KPMG”) as our principal independent registered public
accounting firm to perform the audit of our consolidated financial statements for fiscal 2017. As a matter of good
corporate governance, the Audit Committee has decided to submit its selection of independent audit firm to
stockholders for ratification. In the event that this appointment of KPMG is not ratified by a majority of the
shares of common stock present or represented at the Annual Meeting and entitled to vote on the matter, the
Audit Committee will review its future selection of KPMG as our independent registered public accounting firm.
The Audit Committee first approved KPMG as our independent auditors in September 2002, and KPMG
audited our financial statements for fiscal 2016. Representatives of KPMG are expected to attend the meeting
with the opportunity to make a statement and respond to appropriate questions from stockholders present at the
meeting.
Principal Accountant Fees and Services
We regularly review the services and fees from our independent registered public accounting firm, KPMG.
These services and fees are also reviewed with the Audit Committee annually. In accordance with standard
policy, KPMG periodically rotates the individuals who are responsible for our audit. Our Audit Committee has
determined that the providing of certain non-audit services, as described below, is compatible with maintaining
the independence of KPMG.
In addition to performing the audit of our consolidated financial statements, KPMG provided various other
services during fiscal years 2016 and 2015. Our Audit Committee has determined that KPMG’s provisioning of
these services, which are described below, does not impair KPMG’s independence from Symantec. The
aggregate fees billed for fiscal years 2016 and 2015 for each of the following categories of services are as fol-
lows:
Fees Billed to Symantec 2016 2015
Audit fees(1) ................................................ $21,972,001 $7,773,692
Audit related fees(2) .......................................... 1,431,411 1,494,333
Tax fees(3) .................................................. 284,052 401,111
All other fees(4) ............................................. 61,131 132,858
Total fees ................................................... $23,748,595 $9,801,994
The categories in the above table have the definitions assigned under Item 9 of Schedule 14A promulgated
under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and these categories include in
particular the following components:
(1) “Audit fees” include fees for audit services principally related to the year-end examination and the quar-
terly reviews of our consolidated financial statements, consultation on matters that arise during a review
or audit, review of SEC filings, audit services performed in connection with our acquisitions and divest-
itures and statutory audit fees.
(2) “Audit related fees” include fees which are for assurance and related services other than those included
in Audit fees.
(3) “Tax fees” include fees for tax compliance and advice.
(4) “All other fees” include fees for all other non-audit services, principally for services in relation to certain
information technology audits.
An accounting firm other than KPMG performs supplemental internal audit services for Symantec. Another
accounting firm provides the majority of Symantec’s outside tax services.
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