Fannie Mae 2013 Annual Report Download - page 217

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registered public accounting firm may not be retained to perform non-audit services specified in Section 10A(g) of the
Exchange Act.
Deloitte & Touche LLP was our independent registered public accounting firm for the years ended December 31, 2013 and
2012. Deloitte & Touche LLP has advised the Audit Committee that they are independent accountants with respect to the
company, within the meaning of standards established by the PCAOB and federal securities laws administered by the SEC.
The following table displays the aggregate estimated or actual fees for professional services provided by Deloitte & Touche
LLP in 2013 and 2012, including fees for the 2013 and 2012 audits.
For the Year Ended
December 31,
Description of Fees 2013 2012
Audit fees. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $35,500,000 $39,246,000
Audit-related fees(1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,675,000 2,090,000
Tax fees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . — 37,000
All other fees(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . — 2,360,000
Total fees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $37,175,000 $43,733,000
__________
(1) Consists of fees billed for attest-related services on debt offerings, securitization transactions and compliance with the covenants in the
senior preferred stock purchase agreement with treasury.
(2) Consists of fees billed for analysis and assessment of the finance organization and human capital continuity planning.
Pre-Approval Policy
The Audit Committee’s policy is to pre-approve all audit and permissible non-audit services to be provided by the
independent registered public accounting firm. The independent registered public accounting firm and management are
required to present reports on the nature of the services provided by the independent registered public accounting firm for the
past year and the fees for such services, categorized into audit services, audit-related services, tax services and other services.
In connection with its approval of Deloitte & Touche as Fannie Mae’s independent registered public accounting firm for
Fannie Mae’s 2013 integrated audit, the Audit Committee delegated the authority to pre-approve any additional audit and
audit-related services to its Chairman, Mr. Forrester, who was required to report any such pre-approvals at the next scheduled
meeting of the Audit Committee. Additionally, any services provided by Deloitte & Touche outside of the scope of the
integrated audit must be approved by the conservator.
In 2013, we paid no fees to the independent registered public accounting firm pursuant to the de minimis exception
established by the SEC, and all services were pre-approved.
PART IV
Item 15. Exhibits, Financial Statement Schedules
(a) Documents filed as part of this report
1. Consolidated Financial Statements
An index to financial statements has been filed as part of this report beginning on page F-1 and is incorporated herein by
reference.
2. Financial Statement Schedules
None.
3. Exhibits
An index to exhibits has been filed as part of this report beginning on page E-1 and is incorporated herein by reference.