Neiman Marcus 2004 Annual Report Download - page 72

Code of Ethics and Conduct and the Code of Ethics for Financial Professionals may be accessed through our website at www.neimanmarcusgroup.com under
the "Investor Information" section. Requests by shareholders for printed copies may be made in writing to The Neiman Marcus Group, Inc., Attn: Investor
Relations, One Marcus Square, 1618 Main Street, Dallas, Texas 75201.
Audit Committee. No member of the Audit Committee serves on more than three publicly registered companies.
ITEM 14. PRINCIPAL ACCOUNTANT FEES AND SERVICES
The Audit Committee has adopted policies and procedures for pre-approving all audit and permissible non-audit services performed by Deloitte &
Touche LLP. Under these policies, the Audit Committee pre-approves the use of audit and audit-related services following approval of the independent
registered public accounting firm's audit plan. All services detailed in the audit plan are considered pre-approved. If, during the course of the audit, the
independent registered public accounting firm expects fees to exceed the approved fee estimate between 10 percent and 15 percent, those fees must be pre-
approved in advance by the Audit Committee Chairman. If fees are expected to exceed the approved estimate by more than 15 percent, those fees must be
approved in advance by the Audit Committee.
Other non-audit services of less than $50,000 that are not restricted services may be pre-approved by both the chief financial officer and the controller,
provided those services will not impair the independence of the independent auditor. These services will be considered approved by the Audit Committee,
provided those projects are discussed with the Audit Committee at its next scheduled meeting. Services between $50,000 and $100,000 in estimated fees must
be pre-approved by the Chairman of the Audit Committee, acting on behalf of the entire Audit Committee. Services of greater than $100,000 in estimated fees
must be pre-approved by the Audit Committee. All fee overruns will be discussed with the Audit Committee at the next scheduled meeting.
Principal Accountant Fees and Services
For the fiscal years ended July 30, 2005 and July 31, 2004, professional services were performed by Deloitte & Touche LLP, the member firms of
Deloitte Touche Tohmatsu, and their respective affiliates, which includes Deloitte consulting (collectively, "Deloitte & Touche").
Audit Fees. The aggregate fees billed for the audits of the Company's annual financial statements for the fiscal years ended July 30, 2005 and July 31,
2004 and for the reviews of the financial statements included in our Quarterly Reports on Form 10-Q were $1,346,000 and $1,323,000, respectively.
Audit-Related Fees. The aggregate fees billed for audit-related services for the fiscal years ended July 30, 2005 and July 31, 2004 were $534,000 and
$310,000, respectively. These fees related to accounting research and consultation, agreed-upon procedures and attestation services for certain subsidiary
companies for the fiscal years ended July 30, 2005 and July 31, 2004.
Tax Fees. The aggregate fees billed for tax services for the fiscal years ended July 30, 2005 and July 31, 2004 were $47,000 and $370,000,
respectively. These fees related to tax compliance and planning for the fiscal years ended July 30, 2005 and July 31, 2004.
The Audit Committee has considered and concluded that the provision of permissible non-audit services is compatible with maintaining Deloitte &
Touche's independence.
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