Advance Auto Parts 2005 Annual Report Download - page 62

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60
To the Board of Directors and Stockholders of
Advance Auto Parts, Inc. and Subsidiaries
Roanoke, Virginia
We have audited the accompanying consolidated
balance sheets of Advance Auto Parts, Inc. and sub-
sidiaries (the Company) as of December 31, 2005
and January 1, 2005, and the related consolidated
statements of operations, changes in stockholders’
equity, and cash flows for each of the three years in
the period ended December 31, 2005. These finan-
cial statements are the responsibility of the
Company’s management. Our responsibility is to
express an opinion on the 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 finan-
cial statements. An audit also includes assessing the
accounting principles used and significant estimates
made by management, as well as evaluating the over-
all financial statement presentation. We believe that
our audits provide a reasonable basis for our opinion.
In our opinion, such consolidated financial state-
ments present fairly, in all material respects, the
financial position of Advance Auto Parts, Inc. and
subsidiaries as of December 31, 2005 and January 1,
2005, and the results of their operations and their
cash flows for each of the three years in the period
ended December 31, 2005, in conformity with
accounting principles generally accepted in the
United States of America.
We have also audited, in accordance with the stan-
dards of the Public Company Accounting Oversight
Board (United States), the effectiveness of the
Company’s internal control over financial reporting
as of December 31, 2005, based on the criteria estab-
lished in Internal Control—Integrated Framework
issued by the Committee of Sponsoring
Organizations of the Treadway Commission and our
report dated March 14, 2006 expressed an unquali-
fied opinion on management’s assessment of the
effectiveness of the Company’s internal control over
financial reporting and an unqualified opinion on
the effectiveness of the Company’s internal control
over financial reporting.
McLean, Virginia
March 14, 2006
REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM