Brookfield Oaktree Holdings LLC
For the period ended Dec 31, 2023. Filed Mar 21, 2024.
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FY2023 · Filed Mar 21, 2024
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Item 14. Principal Accounting Fees and Services
The following table sets forth the aggregate fees for professional services provided by our independent registered public accounting firm, Ernst & Young LLP, for the years ended December 31, 2023 and 2022.
| For the Year Ended December 31, | ||||
|---|---|---|---|---|
| 2023 | 2022 | |||
| Brookfield Oaktree Holdings, LLC | Oaktree Consolidated Funds and Affiliates | Brookfield Oaktree Holdings, LLC | Oaktree Consolidated Funds and Affiliates | |
| ($ in thousands) | ||||
| Audit fees (1) | $930 | $400 | $3,619 | $645 |
| Audit-related fees (2) | — | — | 754 | 212 |
| Tax fees (3) | 409 | 220 | 6,789 | 1,420 |
(1) Audit fees consist of fees for services related to the annual audit of our consolidated financial statements, reviews of our interim consolidated financial statements on Form 10-Q, statutory audits, and services that only the independent auditors can reasonably provide such as services associated with SEC registration statements or other documents issued in connection with securities offerings (including consents and comfort letters), accounting consultations related to transactions or events affecting the current period audit and services that are normally provided in connection with statutory and regulatory filings and engagements.
(2) Audit-related fees include fees associated with examinations of operating controls at our investment adviser, accounting consultations related to the potential impact of future transactions or events, including the adoption of new accounting standards, due diligence services related to acquisitions and attestation services not required by statute or regulation.
(3) Tax fees consist of fees related to tax compliance and tax advisory services. Tax fees in 2023 include $559 for tax compliance services and $70 for tax advisory services. Tax fees in 2022 include $4,408 for tax compliance services and $3,801 for tax advisory services.
In accordance with our audit committee charter, the audit committee is required to approve, in advance, all audit and non-audit services to be provided by our independent registered public accounting firm. All services reported in the Audit, Audit-related and Tax categories above were approved by the audit committee. Our audit committee charter is available on our website at www.oaktreecapital.com under the “Investors” section.
Part IV
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