Nokia 2005 Annual Report Download - page 132
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the Policy set out the audit, audit-related, including internal control, tax and other services that
have received the general pre-approval of the Audit Committee, which services are subject to
annual review by the Audit Committee. All other audit, audit-related, including internal control,
tax and other services must receive a specific pre-approval from the Audit Committee.
The Audit Committee establishes budgeted fee levels annually for each of the four categories of
audit and non-audit services that are pre-approved under the Policy, namely, audit, audit-related,
tax and other services. Requests or applications to provide services that require specific approval
by the Audit Committee are submitted to the Audit Committee by both the independent auditor
and the Chief Financial Officer. At each regular meeting of the Audit Committee, the independent
auditor provides a report in order for the Audit Committee to review the services that the external
auditor is providing, as well as the status and cost of those services.
ITEM 16D. EXEMPTIONS FROM THE LISTING STANDARDS FOR AUDIT COMMITTEES
Not applicable.
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