Cincinnati Bell 2008 Annual Report Download - page 47

INDEPENDENT ACCOUNTANTS
Audit Fees
Deloitte & Touche LLP was the Company’s Independent Registered Public Accounting Firm for the 2007
and 2008 fiscal years. Aggregate fees for professional services rendered by Deloitte & Touche LLP for the year
ended December 31, were as follows:
2008 2007
Audit fees .......................................... $1,777,500 $1,795,200
Audit related fees .................................... 156,500 152,700
Tax fees ............................................ 86,475 —
All other fees ........................................ — 536,981
Total .......................................... $2,020,475 $2,484,881
Audit fees
The audit fees for the years ended December 31, 2008 and 2007 were for services rendered in connection
with the audit of the Company’s annual consolidated financial statements, review of consolidated financial
statements included in the Company’s reports filed with the SEC and services related to requirements established
by the Sarbanes-Oxley Act of 2002.
Audit related fees
The audit related fees for the years ended December 31, 2008 and 2007 were for professional services
rendered for the audits of the Company’s employee benefit plans filed with the SEC, due diligence services and
various accounting consultations.
Tax fees
Tax fees for the year ended December 31, 2008 were for the preparation of various tax filings and tax
consultations.
All other fees
All other fees for the year ended December 31, 2007 were for assistance with a small and medium size
business market opportunity assessment.
Engagement of the Independent Registered Public Accounting Firm and Pre-Approval Policy
In accordance with its charter, the Audit and Finance Committee has the sole authority and responsibility to
select, evaluate and, if necessary, replace the Independent Registered Public Accounting Firm. The Audit and
Finance Committee has the sole authority to approve all audit engagement fees and terms. In addition, the Audit
and Finance Committee, or the Chairperson of the Audit and Finance Committee between regularly scheduled
meetings, must pre-approve all services provided to the Company by the Company’s Independent Registered
Public Accounting Firm.
Pursuant to Section 202 of the Sarbanes-Oxley Act of 2002, the Audit and Finance Committee pre-approved
every engagement of Deloitte & Touche LLP to perform audit or non-audit services on behalf of the Company or
any of its subsidiaries during the years ended December 31, 2008 and 2007.
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Proxy Statement