|SEVEN STARS CLOUD GROUP, INC. filed this Form DEF 14A on 11/20/2017|
Fees Paid to Our Independent Registered Public Accounting Firm
The following is a summary of the fees billed to the Company by its principal accountants KPMG for professional services rendered for the years ended December 31, 2016 and 2015:
Pre-Approval Policies and Procedures
Under the Sarbanes-Oxley Act of 2002, all audit and non-audit services performed by our auditors must be approved in advance by our Board of Directors to assure that such services do not impair the auditors’ independence from us. In accordance with its policies and procedures, our Board of Directors pre-approved the audit service performed by KPMG for our consolidated financial statements as of and for the year ended December 31, 2016.
Approval of the ratification of Grant Thornton as our independent registered public accounting firm for the fiscal year ending December 31, 2017 requires a majority of the votes of the shares present in person or represented by proxy at the Annual Meeting to vote “FOR” the proposal.
Recommendation of Our Board
Our Board recommends that the shareholders vote FOR the ratification of the appointment of Grant Thornton as our independent registered public accounting firm for the fiscal year ending December 31, 2017.