2K Sports 2009 Annual Report Download - page 72

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REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
The Board of Directors and Stockholders of Take-Two Interactive Software, Inc.
We have audited the accompanying consolidated balance sheets of Take-Two Interactive Software, Inc. as
of October 31, 2009 and 2008, and the related consolidated statements of operations, stockholders’ equity,
and cash flows for each of the three years in the period ended October 31, 2009. These financial statements
are the responsibility of the Company’s management. Our responsibility is to express an opinion on these
financial statements based on our audits.
We conducted our audits in accordance with the standards of the Public Company Accounting Oversight
Board (United States). Those standards require that we plan and perform the audit to obtain reasonable
assurance about whether the financial statements are free of material misstatement. An audit includes
examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An
audit also includes assessing the accounting principles used and significant estimates made by
management, as well as evaluating the overall financial statement presentation. We believe that our audits
provide a reasonable basis for our opinion.
In our opinion, the financial statements referred to above present fairly, in all material respects, the
consolidated financial position of Take-Two Interactive Software, Inc. at October 31, 2009 and 2008, and
the consolidated results of its operations and its cash flows for each of the three years in the period ended
October 31, 2009, in conformity with U.S. generally accepted accounting principles.
As discussed in Note 1 to the consolidated financial statements, Take-Two Interactive Software, Inc.
changed its method of accounting for uncertainty in income taxes effective November 1, 2007.
We also have audited, in accordance with the standards of the Public Company Accounting Oversight
Board (United States), Take-Two Interactive Software, Inc.’s internal control over financial reporting as of
October 31, 2009, based on criteria established in Internal Control-Integrated Framework issued by the
Committee of Sponsoring Organizations of the Treadway Commission and our report dated December 18,
2009 expressed an unqualified opinion thereon.
/s/ Ernst & Young LLP
New York, New York
December 18, 2009
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