Archer Daniels Midland 2009 Annual Report Download - page 86

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80
Item 9.
CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND
FINANCIAL DISCLOSURE
None.
Item 9A.
CONTROLS AND PROCEDURES
As of June 30, 2009, an evaluation was performed under the supervision and with the participation of the
Company’s management, including the Chief Executive Officer and Chief Financial Officer, of the effectiveness
of the design and operation of the Company’s “disclosure controls and procedures” (as defined in Rules 13a-
15(e) and 15d-15(e) under the Securities Exchange Act of 1934 (the Exchange Act)). Based on that evaluation,
the Company’s management, including the Chief Executive Officer and Chief Financial Officer, concluded the
Company’s disclosure controls and procedures were effective to ensure that information required to be disclosed
by the Company in reports that it files or submits under the Exchange Act is (i) recorded, processed, summarized
and reported within the time periods specified in Securities and Exchange Commission rules and forms and (ii)
accumulated and communicated to the CEO and CFO to allow timely decisions regarding required disclosure.
There was no change in the Company’s internal controls over financial reporting during the Company’s most
recently completed fiscal quarter that has materially affected, or is reasonably likely to materially affect, the
Company’s internal controls over financial reporting.
MANAGEMENT’S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING
Archer Daniels Midland Company’s (“ADM’s”) management is responsible for establishing and maintaining
adequate internal control over financial reporting, as such term is defined in Exchange Act Rules 13a-15(f).
ADM’s internal control system is designed to provide reasonable assurance regarding the reliability of financial
reporting and the preparation of financial statements in accordance with generally accepted accounting principles.
Under the supervision and with the participation of management, including its principal executive officer and
principal financial officer, ADM’s management assessed the design and operating effectiveness of internal control
over financial reporting as of June 30, 2009 based on the framework set forth in Internal Control-Integrated
Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission.
Based on this assessment, management concluded that ADM’s internal control over financial reporting was
effective as of June 30, 2009. Ernst & Young LLP, an independent registered public accounting firm, has issued an
attestation report on the Company’s internal control over financial reporting as of June 30, 2009. That report is
included herein.
/s/ Patricia A. Woertz /s/ Steven R. Mills
Patricia A. Woertz Steven R. Mills
Chairman, Chief Executive Officer Executive Vice President &
and President Chief Financial Officer
Item 9B.
OTHER INFORMATION
None.