Resolution of the Board of Directors of the Corporation for Public Broadcasting
May 9, 2000
Selection of Auditors
Unanimously
WHEREAS,
Management had previously reported to the Audit and Finance Committee its plan to issue a request for competitive proposals from external auditors to perform the annual audit of the Corporation beginning in FY 2000; and
WHEREAS,
this process was initiated as a means to assure competitiveness and objectivity in outside auditors by use of regular, periodic reviews, regardless of CPB's satisfaction with its current auditors; and
WHEREAS,
after issuing a request for competitive proposals and analyzing the responses, Management has recommended to the CPB Audit and Finance Committee that the auditing firm of Deloitte & Touche be retained as the Corporation's external auditors for FY 2000 to FY 2004, subject to future periodic review as previously exercised.
NOW, THEREFORE, BE IT RESOLVED THAT:
The Board endorses Management's recommendation and directs Management to retain the auditing firm of Deloitte & Touche as its external auditors for FY 2000 to FY 2004, subject to future periodic review.