Western Union 2014 Annual Report Download - page 48

Report of the Audit Committee PROXY STATEMENT
The Western Union Company – Proxy Statement | 30
NOTICE OF 2015 ANNUAL MEETING OF STOCKHOLDERS AND PROXY STATEMENT
We have discussed with Ernst & Young LLP the matters required to be discussed with the Audit Committee by Auditing
Standard No. 16, Communications with Audit Committees, issued by the Public Company Accounting Oversight Board.
The Auditing Standard No. 16 communications include, among other items, matters relating to the conduct of an audit of
the Company’s consolidated financial statements under the standards of the Public Company Accounting Oversight Board.
This review included a discussion with management and the independent registered public accounting firm about the
quality (not merely the acceptability) of the Company’s accounting principles, the reasonableness of significant estimates
and judgments, and the disclosures in the Company’s financial statements, including the disclosures relating to critical
accounting policies.
In reliance on the review and discussions described above, we recommended to the Board of Directors that the audited
consolidated financial statements be included in the Company’s Annual Report on Form 10-K for the year ended
December 31, 2014 for filing with the SEC.
Audit Committee
Richard A. Goodman (Chairperson)
Linda Fayne Levinson
Roberto G. Mendoza
Michael A. Miles, Jr.