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As Of Filer Filing For·On·As Docs:Size Issuer Agent 5/08/09 Franklin Resources Inc 10-Q 3/31/09 10:1.1M RR Donnelley/FA |
Document/Exhibit Description Pages Size
1: 10-Q Quarterly Report HTML 793K
2: EX-10.1 Form of Amended and Restated Class A Distribution HTML 21K
3: EX-10.2 Form of Class C Distribution Plan HTML 26K
4: EX-10.3 Form of Class R Distribution Plan HTML 22K
5: EX-10.4 Registrant's 2006 Directors Deferred Compensation HTML 137K
Plan
6: EX-18.1 Letter of Preferability Regarding Change in HTML 10K
Accounting Policy
7: EX-31.1 Certification of Chief Executive Officer Pursuant HTML 15K
to Section 302
8: EX-31.2 Certification of Chief Financial Officer Pursuant HTML 15K
to Section 302
9: EX-32.1 Certification of Chief Executive Officer Pursuant HTML 9K
to Section 906
10: EX-32.2 Certification of Chief Financial Officer Pursuant HTML 9K
to Section 906
| Letter of Preferability Regarding Change in Accounting Policy |
EXHIBIT 18.1
Board of Directors
Franklin Resources, Inc.
One Franklin Parkway
San Mateo, California 94403-1906
Dear Directors:
We are providing this letter to you for inclusion as an exhibit to your Form 10-Q filing pursuant to Item 601 of Regulation S-K.
We have been provided a copy of the Company’s Quarterly Report on Form 10-Q for the period ended March 31, 2009. Note 9 therein describes a change in accounting principle related to the change in the timing of the Company’s annual goodwill impairment test date from October 1 to August 1 of each year. It should be understood that the preferability of one acceptable method of accounting over another for a change in the annual goodwill impairment test date has not been addressed in any authoritative accounting literature, and in expressing our concurrence below we have relied on management’s determination that this change in accounting principle is preferable. Based on our reading of management’s stated reasons and justification for this change in accounting principle in the Form 10-Q, and our discussions with management as to their judgment about the relevant business planning factors relating to the change, we concur with management that such change represents, in the Company’s circumstances, the adoption of a preferable accounting principle in conformity with Statement of Financial Accounting Standards No. 154, Accounting Changes and Error Corrections.
We have not audited any financial statements of the Company as of any date or for any period subsequent to September 30, 2008. Accordingly, our comments are subject to change upon completion of an audit of the financial statements covering the period of the accounting change.
Very truly yours,
/s/ PricewaterhouseCoopers LLP
| This ‘10-Q’ Filing | Date | Other Filings | ||
|---|---|---|---|---|
 | ||||
| Filed on: | 5/8/09 | |||
| For Period End: | 3/31/09 | 13F-HR, 4 | ||
| 9/30/08 | 10-K, 11-K, 13F-HR, 4, 5, 5/A | |||
| List all Filings | ||||