Amazon.com 2004 Annual Report Download - page 95

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Item 9. Changes in and Disagreements with Accountants On Accounting and Financial Disclosure
None.
Item 9A. Controls and Procedures
Evaluation of Disclosure Controls and Procedures
We carried out an evaluation required by the 1934 Act, under the supervision and with the participation of
our principal executive officer and principal financial officer, of the effectiveness of the design and operation of
our disclosure controls and procedures, as defined in Rule 13a-15(e) of the 1934 Act, as of December 31, 2004.
Based on this evaluation, our principal executive officer and principal financial officer concluded that, as of
December 31, 2004, our disclosure controls and procedures were effective in timely alerting them to material
information required to be included in our periodic SEC reports.
Management’s Report on Internal Control over Financial Reporting
Management is responsible for establishing and maintaining adequate internal control over financial
reporting, as defined in Rule 13a-15(f) of the 1934 Act. Management has assessed the effectiveness of our
internal control over financial reporting as of December 31, 2004 based on criteria established in Internal
Control—Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway
Commission. As a result of this assessment, management concluded that, as of December 31, 2004, our internal
control over financial reporting was effective in providing reasonable assurance regarding the reliability of
financial reporting and the preparation of financial statements for external purposes in accordance with generally
accepted accounting principles. Ernst & Young LLP has issued an attestation report on management’s assessment
of internal control over financial reporting, a copy of which is included in this annual report on Form 10-K.
Limitations on Controls
Management does not expect that our disclosure controls and procedures or our internal control over
financial reporting will prevent or detect all error and fraud. Any control system, no matter how well designed
and operated, is based upon certain assumptions and can provide only reasonable, not absolute, assurance that its
objectives will be met. Further, no evaluation of controls can provide absolute assurance that misstatements due
to error or fraud will not occur or that all control issues and instances of fraud, if any, within the Company have
been detected.
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