BRADY CORP
For the period ended Jul 31, 2024. Filed Sep 6, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Sep 6, 2024
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Item 14. Principal Accountant Fees and Services
The following table presents the aggregate fees incurred for professional services by Deloitte & Touche LLP and Deloitte Tax LLP during the years ended July 31, 2024 and 2023. Other than as set forth below, no professional services were rendered or fees billed by Deloitte & Touche LLP or Deloitte Tax LLP during the years ended July 31, 2024 and 2023.
| 2024 | 2023 | |
|---|---|---|
| (Dollars in thousands) | ||
| Audit, audit-related and tax compliance: | ||
| Audit fees (1) | $1,209 | $1,159 |
| Tax fees — compliance | 525 | 541 |
| Subtotal audit, audit-related and tax compliance fees | 1,734 | 1,700 |
| Non-audit related: | ||
| Tax fees — planning and advice | 477 | 325 |
| Subtotal non-audit related fees | 477 | 325 |
| Total fees | $2,211 | $2,025 |
(1)Audit fees consist of professional services rendered for the audit of the Company’s annual financial statements, attestation of management’s assessment of internal control and reviews of the quarterly financial statements.
| 2024 | 2023 | |
| Ratio of Tax Planning and Advice Fees to Audit Fees, Audit-Related Fees and Tax Compliance Fees | 0.3 to 1 | 0.2 to 1 |
|---|
Pre-Approval Policy — The services performed by the Independent Registered Public Accounting Firm (“Independent Auditors”) in fiscal 2024 were pre-approved in accordance with the pre-approval policy and procedures adopted by the Audit Committee. The policy requires the Audit Committee to pre-approve the audit and non-audit services performed by the Independent Auditors in order to assure that the provision of such services does not impair the auditor’s independence. All services performed for the Company by the Independent Auditor must be approved in advance by the Audit Committee. Any proposed services exceeding pre-approved cost levels also require specific pre-approval by the Audit Committee.
PART IV
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