Telus 2015 Annual Report Download - page 40

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40
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 Chief Financial
Officer for further review. Pending the Chief Financial Officer’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 or her 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 billings by Deloitte LLP (Deloitte), as external auditor
of TELUS, during the period from January 1, 2015, to December 31, 2015:
Type of work
Deloitte LLP
%
Audit fees(1)
$3,844,128
88.6
Audit-related fees(2)
$140,463
3.2
Tax fees(3)
$102,562
2.4
All other fees(4)
$253,724
5.8
Total
$4,340,877
100.0
(1) Includes fees for services rendered by Deloitte in relation to the audit and
review of our financial statements and in connection with our statutory and
regulatory filings.
(2) Includes fees for services rendered by Deloitte in relation to the audit or review
of our financial statements that were not part of audit fees.
(3) Relates to tax compliance, tax advice and tax planning.
(4) Includes fees for services rendered by Deloitte that are not in relation to the
audit or review of our financial statements, such as sustainability diagnostics
procedures and the community investment impact measurement.
The following table is a summary of billings by Deloitte LLP, as external auditor of
TELUS, during the period from January 1, 2014, to December 31, 2014:
Type of work
Deloitte LLP
%
Audit fees(1)
$4,039,975
87.1
Audit-related fees(2)
$135,067
2.9
Tax fees(3)
$385,499
8.3
All other fees(4)
$78,288
1.7
Total
$4,638,829
100.0
(1) Includes fees for services rendered by Deloitte in relation to the audit and
review of our financial statements and in connection with our statutory and
regulatory filings.
(2) Includes fees for services rendered by Deloitte in relation to the audit or
review of our financial statements that were not part of audit fees.
(3) Relates to tax compliance, tax advice and tax planning.
(4) Includes fees for services rendered by Deloitte that are not in relation to the
audit or review of our financial statements, such as sustainability diagnostics
procedures.