Cincinnati Bell 2010 Annual Report Download - page 42
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INDEPENDENT ACCOUNTANTS
Audit Fees
Deloitte & Touche LLP was the Company’s Independent Registered Public Accounting Firm for the 2009
and 2010 fiscal years. Aggregate fees for professional services rendered by Deloitte & Touche LLP for the year
ended December 31, were as follows:
2010 2009
Audit fees .......................................... $1,694,500 $1,691,000
Audit related fees .................................... 955,130 236,250
Tax fees ............................................ 130,532 81,921
All other fees ........................................ — —
Total .......................................... $2,780,162 $2,009,171
Audit fees
The audit fees for the years ended December 31, 2010 and 2009 were for services rendered in connection
with the audit of the Company’s annual consolidated financial statements, review of quarterly 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, 2010 and 2009 were for professional services
rendered for the audits of the Company’s employee benefit plans filed with the SEC, securities and debt
offerings, due diligence services and various accounting consultations.
Tax fees
Tax fees for the year ended December 31, 2010 and 2009 were for the preparation of various tax filings and
tax consultations.
All other fees
None.
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, 2010 and 2009.
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