Company: BBU
Filing Date: 2025-04-10
Form Type: 20-F
Source: 0001628280-25-017216
Chunk: 430

Company: Brookfield Business Partners L.P.
Filing Date: 2025-04-10
Form: 20-F
Item: Item 16C
Chunk 430
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ITEM 16C. PRINCIPAL ACCOUNTANT FEES AND SERVICES

The BBU General Partner has retained Deloitte LLP 1208

The table below summarizes the fees for professional services rendered by Deloitte LLP for the audit of our annual consolidated financial statements for the periods ended December 31, 2024 and 2023.

                                       December 31, 2024                         December 31, 2023                     
  (US$ MILLIONS, except as noted)      USD                                %      USD                              %    
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Audit fees (1)                       $                      14.1       44      $                      16.6      40   
  Audit-related fees (2)               14.9                              47      20.9                             51   
  Tax fees (3)                         2.4                                8      3.6                              9    
  Other                                0.4                                1      —                                —    
  Total                                $                      31.8      100      $                      41.1      100  

____________________________________

(1) Audit fees include fees for services that would normally be provided by the external auditor in connection with our audit of the partnership, including fees for services necessary to perform an audit or review in accordance with generally accepted auditing standards. This category also includes services that generally only the external auditor reasonably can provide, including comfort letters, consents and assistance with and review of certain documents filed with securities regulatory authorities.

(2) Audit-related fees are for other statutory audits, assurance and related services, such as due diligence services, that traditionally are performed by the external auditor. More specifically, these services include, among others: statutory audits of our subsidiaries, employee benefit plan audits, audits in connection with acquisitions, attest services that are not required for the partnership’s statutory audit, and consultation concerning financial accounting and reporting standards.

(3) Tax fees are principally for assistance in tax compliance and tax advisory services.

The audit committee of the BBU General Partner pre-approves all audit and non-audit services provided to the partnership by Deloitte LLP.

ITEM 16D. EXEMPTIONS FROM THE LISTING STANDARDS FOR AUDIT COMMITTEES