Airtran 2004 Annual Report Download - page 38

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2004 Annual Report
38
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. Our internal control over financial reporting is designed to provide reasonable assurance to management and
board of directors regarding the preparation and fair presentation of published financial statements.
Because of its inherent limitaitons, internal controls over financial reporting may not prevent or detect misstatements. Therefore, even those systems
determined to be effective can provide only reasonable assurance with respect to financial statement preparation and presentation.
Management assessed the effectiveness of our internal control over financial reporting as of December 31, 2004. In making this assessment,
management used the criteria set forth by the Committee of Sponsoring Organizations of the Treadway Commission (COSO) in Internal Control—
Integrated Framework. Based on our assessment, management concluded that, as of December 31, 2004, our internal control over financial reporting
is effective based on those criteria.
Management’s assessment of the effectiveness of internal control over financial reporting as of December 31, 2004, has been audited by Ernst &
Young, LLP, the independent registered public accounting firm who also audited our consolidated financial statements. Ernst & Young’s attestation
report on management’s assessment of our internal control over financial reporting appears below.
Management’s Report on Internal Control over Financial Reporting