Vistaprint 2008 Annual Report Download - page 128

Download and view the complete annual report

Please find page 128 of the 2008 Vistaprint annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 188

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188

Communications will be forwarded to all directors if they relate to important substantive matters and
include suggestions or comments that the Nominating and Corporate Governance Committee considers to be
important for the directors to know. In general, communications relating to corporate governance and corporate
strategy are more likely to be forwarded than communications relating to ordinary business affairs, personal
grievances and matters as to which the Company may receive repetitive or duplicative communications.
Shareholders who wish to send communications on any topic to the Board of Directors should address such
communications to:
Board of Directors
c/o Secretary
VistaPrint Limited
Canon’s Court
22 Victoria Street
Hamilton, HM 12
Bermuda
Report of the Audit Committee
The Audit Committee of the Board of Directors has furnished the following report:
The Audit Committee has reviewed VistaPrint’s audited consolidated financial statements for the fiscal year
ended June 30, 2008 and has discussed these financial statements with VistaPrint’s management and independent
registered public accounting firm.
The Audit Committee has also received from, and discussed with, VistaPrint’s independent registered public
accounting firm various communications that the independent registered public accounting firm is required to
provide to the Audit Committee, including the matters required to be discussed by Statement on Auditing
Standards 61, as amended (AICPA, Professional Standards, Vol. 1, AU section 380).
The independent registered public accounting firm also provided the Audit Committee with the written
disclosures and the letter required by Independence Standards Board Standard No. 1 (Standards Board Standard
No. 1, Independence Discussions with Audit Committees). The Audit Committee has discussed with the
independent registered public accounting firm its independence from VistaPrint. The Audit Committee also
considered whether the provision of other, non-audit related services referred to under the heading “Independent
Registered Public Accounting Firm Fees and Other Matters,” is compatible with maintaining the independence of
our registered public accounting firm.
Based on its discussions with management and the independent registered public accounting firm, and its
review of the representations and information provided by management and the independent registered public
accounting firm, the Audit Committee recommended to the Board of Directors that the audited consolidated
financial statements be included in VistaPrint’s Annual Report on Form 10-K for the fiscal year ended June 30,
2008. The Audit Committee and Board of Directors also have appointed, subject to ratification and approval by
the shareholders, Ernst & Young LLP as VistaPrint’s independent registered public accounting firm for the fiscal
year ending June 30, 2009.
Audit Committee of the Board of Directors
John J. Gavin, Jr., Chairman
Daniel Ciporin
Richard T. Riley
16