First Data 2008 Annual Report Download - page 226

Summary of Principal Accountant's Fees for 2008 and 2007
Audit Fees. Ernst & Young LLP's fees for the Company's annual audit were $11.5 million in 2008 and $12.7 million in 2007. Audit fees primarily
include fees related to the audit of the Company's annual consolidated financial statements; the review of its quarterly consolidated financial statements;
statutory audits required domestically and internationally; comfort letters, consents, and assistance with and review of documents filed with the SEC; offering
memorandum, purchase accounting and other accounting and financial reporting consultation and research work billed as audit fees or necessary to comply
with the standards of the Public Company Accounting Oversight Board (United States).
Audit-Related Fees. Ernst & Young LLP's fees for audit-related services that are reasonably related to the performance of the audit or review of the
Company's consolidated financial statements were $3.1 million in 2008 and $4.3 million in 2007. Audit-related fees primarily include fees related to service
auditor examinations, due diligence related to mergers and acquisitions, attest services that are not required by statute or regulation and consultation
concerning financial accounting and reporting standards not classified as audit fees.
Tax Fees. Ernst & Young LLP's fees for tax compliance, tax advice, and tax planning services to the Company were $3.4 million in 2008 and
$2.1 million in 2007.
All Other Fees. The Company did not pay Ernst & Young LLP's any fees for all other professional services in 2007 or 2008.
Audit Committee Pre-approval of Service of Independent Registered Public Accounting Firm
The Audit Committee has established a policy to pre-approve all audit and non-audit services provided by the independent registered public accounting
firm. These services may include audit services, audit-related services, tax services and other services. Pursuant to the policy, the Audit Committee annually
reviews and pre-approves services that may be provided by the independent registered public accounting firm for each audit year. The pre-approval is detailed
as to the particular service or category of services and is subject to a specific budget. Once pre-approved, the services and pre-approved amounts are
monitored against actual charges incurred and modified if appropriate. The Chairperson of the Committee has the authority to pre-approve such services
between meetings of the Audit Committee and reports such pre-approvals to the Audit Committee at the next regularly scheduled meeting.
During 2008, all audit and non-audit services provided by Ernst & Young LLP were pre-approved by the Audit Committee of the Board of Directors or,
consistent with the pre-approval policy of the Audit Committee, by the Chairperson of the Committee.
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