Blackberry 2004 Annual Report Download - page 30

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28
Research In Motion Limited • Incorporated Under the Laws of Ontario (In thousands of United States dollars, except per share data, and except as otherwise indicated)
Management’s Responsibility for Financial Reporting
To the Shareholders of Research In Motion Limited
Management of Research In Motion Limited is
responsible for the preparation and presentation of
the consolidated financial statements and all of the
financial information in this Annual Report. The
consolidated financial statements were prepared in
accordance with United States generally accepted
accounting principles and include certain amounts
based upon estimates and judgements required for
such preparation. The financial information appearing
throughout this Annual Report is consistent with the
consolidated financial statements. The consolidated
financial statements have been reviewed by the
Audit Committee and approved by the Board of
Directors of Research In Motion Limited.
In fulfilling its responsibility for the reliability and
integrity of financial information, management has
developed and maintains systems of accounting
and internal controls and budgeting procedures.
Management believes these systems and controls
provide reasonable assurance that assets are
safeguarded, transactions are executed in
accordance with management’s authorization and
financial records are reliable for the preparation of
accurate and timely consolidated financial
statements.
The Company’s Audit Committee of the Board of
Directors, which consists entirely of non-management
independent directors, usually meets two times per
fiscal quarter with management and the independent
auditor to ensure that each is discharging its
respective responsibilities, to review the consolidated
financial statements and either the quarterly review
engagement report or the independent auditors’
report and to discuss significant financial reporting
issues and auditing matters. The Company’s external
auditor has full and unrestricted access to the Audit
Committee to discuss audit findings, financial
reporting and other related matters. The Audit
Committee reports its findings to the Board of
Directors for consideration when the Board approves
the consolidated financial statements for issuance
to the shareholders.
The consolidated financial statements for fiscal
2004 have been audited by Ernst & Young LLP, the
independent auditor appointed by the shareholders,
in accordance with United States generally accepted
auditing standards. The consolidated financial
statements for fiscal 2003 and fiscal 2002 have
been audited by Ernst & Young LLP and Zeifman
and Company LLP, the independent auditors
appointed by the shareholders, in accordance with
United States generally accepted auditing
standards.
Mike Lazaridis
President & Co-CEO
Dennis Kavelman
Chief Financial Officer
Waterloo, Ontario