Avnet 2008 Annual Report Download - page 39

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Table of Contents
None.
Disclosure Controls and Procedures
The Company’s management, including its Chief Executive Officer and Chief Financial Officer, have evaluated
the effectiveness of the Company’s disclosure controls and procedures (as such term is defined in
Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934 (the “Exchange Act”)) as of the end of the
reporting period covered by this Annual Report on Form 10-K. Based on such evaluation, the Chief Executive
Officer and Chief Financial Officer have concluded that, as of the end of the period covered by this Annual Report
on Form 10-K, the Company’s disclosure controls and procedures are effective such that material information
required to be disclosed by the Company in the reports that it files or submits under the Exchange Act is recorded,
processed, summarized and reported, within the time periods specified by the Securities and Exchange Commission’
s
rules and forms relating to the Company.
During the last quarter of fiscal 2008, there have been no changes to the Company’s internal control over
financial reporting (as defined in Rule 13a-15(f)
of the Exchange Act) that have materially affected, or are reasonably
likely to materially affect, the Company’s internal control over financial reporting.
Management’s Report on Internal Control Over Financial Reporting
The Company’s management, including its Chief Executive Officer and Chief Financial Officer, is responsible
for establishing and maintaining adequate internal control over financial reporting as defined in Rules 13a-15(f) and
15(d)-15(f) under the Exchange Act. The Company’s internal control over financial reporting is designed to provide
reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for
external purposes in accordance with generally accepted accounting principles in the United States of America.
Because of inherent limitations, internal control over financial reporting may not prevent or detect misstatements.
Also, controls may become inadequate because of changes in conditions, or the degree of compliance with the
policies or procedures may deteriorate. Management conducted an evaluation of the effectiveness of the Company’s
internal control over financial reporting as of June 28, 2008. In making this assessment, management used the
framework established in Internal Control — Integrated Framework issued by the Committee of Sponsoring
Organizations of the Treadway Commission and concluded that the Company maintained effective internal control
over financial reporting as of June 28, 2008.
The Company’
s independent registered public accounting firm, KPMG LLP, has audited the effectiveness of the
Company’s internal controls over financial reporting as of June 28, 2008, as stated in its audit report which is
included herein.
Not applicable.
36
Item 9.
Changes in and Disagreements with Accountants on Accounting and Financial Disclosure
Item 9A.
Controls and Procedures
Item 9B.
Other Information