Logitech 2014 Annual Report Download - page 104

AUDIT AND NON-AUDIT FEES
In addition to the audit services PwC provides with respect to Logitech’s annual audited consolidated financial
statements and other filings with the Securities and Exchange Commission, PwC has provided non-audit services
to Logitech in the past and may provide them in the future. Non-audit services are services other than those
provided in connection with an audit or a review of Logitech’s financial statements. The Audit Committee of the
Board of Directors determined that the rendering of non-audit services by PwC was compatible with maintaining
their independence.
The following table sets forth the aggregate fees billed to us for the audit and other services provided by PwC
during the fiscal years ended March 31, 2014 and 2013 (in thousands):
2014 2013
Audit fees(1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 7,031 $ 3,143
Audit-related fees(2) . . . . . . . . . . . . . . . . . . . . . . . . . . — 5
Tax fees(3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 342 502
All other fees(4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 17
Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $7,392 $3,667
(1) Audit fees. This category represent fees for professional services provided in connection with the audit of our
financial statements, the audit of our internal control over financial reporting, and review of our quarterly
financial statements and audit services provided in connection with other statutory or regulatory filings. Audit
fees also include fees incurred for professional services rendered in connection with the Audit Committee
independent investigation into certain accounting and financial reporting matters in the fiscal year ended
March 31, 2014.
(2) Audit-related fees. This category represents consultation on issues such as acquisition accounting, due
diligence services in connection with acquisitions, review and testing of the impact of new accounting
pronouncements, and other topics.
(3) Tax fees. This category represents fees for tax compliance, assistance with tax audits, tax advice and
tax planning.
(4) All other fees. This category primarily represents fees for government grant audits and database licenses.
PRE-APPROVAL PROCEDURES AND POLICIES
The Audit Committee pre-approves all audit and non-audit services provided by PwC. This pre-approval
must occur before the auditor is engaged. The Audit Committee pre-approves categories of non-audit services and
a target fee associated with each category. Usage of PwC fees against the target is presented to the Audit Committee
at each in-person quarterly meeting, with additional amounts requested as needed. Services that last longer than a
year must be re-approved by the Audit Committee.
The Audit Committee can delegate the pre-approval ability to a single independent member of the Audit
Committee. The delegate must communicate all services approved at the next scheduled Audit Committee meeting.
The Audit Committee or its delegate can pre-approve types of services to be performed by PwC with a set dollar
limit per type of service. The Vice President, Corporate Controller is responsible for ensuring that the work
performed is within the scope and dollar limit as approved by the Audit Committee. Management must report to
the Audit Committee the status of each project or service provided by PwC.
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