Telus 2007 Annual Report Download - page 44

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44
Ronald P. Triffo obtained Bachelor of Applied Science from the University of Manitoba
and an MSc (Engineering) from the University of Illinois. Mr. Triffo is the Chairman and
a director of Stantec Inc., an engineering and international professional services
company where he served in various executive management positions for more than 25
years. He is the Chairman of the Alberta Ingenuity Fund and the immediate past
Chairman of ATB Financial.
Audit, audit-related and non-audit services
All requests for non-prohibited audit, audit-related and non-audit services provided by
TELUS’ external auditor and its affiliates to TELUS are required to be pre-approved by
the Audit Committee of TELUS’ Board of Directors. To enable this, TELUS has
implemented a process by which all requests for services involving the External Auditor
are routed for review by the VP Risk Management and Chief Internal Auditor to validate
that the requested service is a non-prohibited service and to verify that there is a
compelling business reason for the request. If the request passes this review, it is then
forwarded to the CFO for further review. Pending the CFO’s affirmation, the request is
then presented to the Audit Committee for its review, evaluation and pre-approval or
denial at its next scheduled quarterly meeting. If the timing of the request is urgent, it is
provided to the Audit Committee Chair for his review, evaluation and pre-approval or
denial on behalf of the Audit Committee (with the full committee’s review at the next
scheduled quarterly meeting). Throughout the year, the Audit Committee monitors the
actual versus approved expenditure for each of the approved requests.
The following table is a summary of billing by Deloitte & Touche LLP, as external
auditors of TELUS, during the period from January 1, 2007 to December 31, 2007:
Type of work Deloitte & Touche %
Audit fees $4,087,308 94.60
Audit-related fees $203,191 4.70
Tax fees $30,000 0.70
All other fees -- --
Total $4,320,499 100.0
The following table is a summary of billing by Deloitte & Touche LLP, as external
auditors of TELUS, during the period from January 1, 2006 to December 31, 2006:
Type of work Deloitte & Touche %
Audit fees $3,857,244 94.11
Audit-related fees $162,000 4.06
Tax fees $72,763 1.83
All other fees -- --
Total $4,092,007 100.0