Adobe 2004 Annual Report Download - page 59

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ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND
FINANCIAL DISCLOSURE
Not applicable.
ITEM 9A. CONTROLS AND PROCEDURES
Controls and Procedures
Based on their evaluation as of December 3, 2004, our Chief Executive Officer and Chief Financial Officer,
have concluded that our disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) under the
Securities Exchange Act of 1934, as amended) were sufficiently effective to ensure that the information required to
be disclosed by us in this Annual Report on Form 10-K was recorded, processed, summarized and reported within
the time periods specified in the SEC’s rules and instructions for Form 10-K.
Management’s Report on Internal Control over Financial Reporting
Our management is responsible for establishing and maintaining adequate internal control over financial
reporting (as defined in Rule 13a-15(f) under the Securities Exchange Act of 1934, as amended). Our management
assessed the effectiveness of our internal control over financial reporting as of December 3, 2004. In making this
assessment, our management used the criteria set forth by the Committee of Sponsoring Organizations of the
Treadway Commission (“COSO”) in Internal Control-Integrated Framework. Our management has concluded that,
as of December 3, 2004, our internal control over financial reporting is effective based on these criteria. Our
independent registered public accounting firm, KPMG LLP, have issued an audit report on our assessment of our
internal control over financial reporting, which is included herein.
There were no changes in our internal controls over financial reporting during the quarter ended December 3,
2004 that have materially affected, or are reasonably likely to materially affect our internal controls over financial
reporting.
Our management, including our Chief Executive Officer and Chief Financial Officer, does not expect that our
disclosure controls and procedures or our internal controls will prevent all error and all fraud. A control system, no
matter how well conceived and operated, can provide only reasonable, not absolute, assurance that the objectives of
the control system are met. Further, the design of a control system must reflect the fact that there are resource
constraints, and the benefits of controls must be considered relative to their costs. Because of the inherent limitations
in all control systems, no evaluation of controls can provide absolute assurance that all control issues and instances
of fraud, if any, within Adobe have been detected.
ITEM 9B. OTHER INFORMATION
None.
PART III
ITEM 10. DIRECTORS AND EXECUTIVE OFFICERS OF THE REGISTRANT
For information regarding our Directors, Code of Ethics and compliance with Section 16(a) of the Securities
Exchange Act of 1934, we direct you to the sections entitled “Proposal 1 – Election of Directors,” “Code of Ethics”
and “Section 16(a) Beneficial Ownership Reporting Compliance,” respectively, in the Proxy Statement we will
deliver to our stockholders in connection with our Annual Meeting of Stockholders to be held on April 28, 2005.
Information regarding our Executive Officers is contained in this report in Part I, Item 1 titled “Business.”
We are incorporating the information contained in those sections of our Proxy Statement here by reference.