Capital One 2014 Annual Report Download - page 289

Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure
None.
Item 9A. Controls and Procedures
Overview
We are required under applicable laws and regulations to maintain controls and procedures, which include disclosure
controls and procedures as well as internal control over financial reporting, as further described below.
(a) Disclosure Controls and Procedures
Disclosure Controls and Procedures
Disclosure controls and procedures refer to controls and other procedures designed to provide reasonable assurance
that information required to be disclosed in our financial reports is recorded, processed, summarized and reported
within the time periods specified by SEC rules and forms and that such information is accumulated and
communicated to management, including our Chief Executive Officer and Chief Financial Officer, as appropriate,
to allow timely decisions regarding our required disclosure. In designing and evaluating our disclosure controls and
procedures, we recognize that any controls and procedures, no matter how well designed and operated, can provide
only reasonable assurance of achieving the desired control objectives, and we must apply judgment in evaluating
and implementing possible controls and procedures.
Evaluation of Disclosure Controls and Procedures
As required by Rule 13a-15 of the Securities Exchange Act of 1934 (the “Exchange Act”), our management, including
the Chief Executive Officer and Chief Financial Officer, conducted an evaluation of the effectiveness of our disclosure
controls and procedures (as that term is defined in Rules 13a-15(e) and 15d-15(e) of the Exchange Act) as of
December 31, 2014, the end of the period covered by this Annual Report on Form 10-K. Based upon that evaluation, the
Chief Executive Officer and Chief Financial Officer concluded that our disclosure controls and procedures were effective
as of December 31, 2014, at a reasonable level of assurance, in recording, processing, summarizing and reporting
information required to be disclosed within the time periods specified by the SEC rules and forms.
(b) Changes in Internal Control Over Financial Reporting
We regularly review our disclosure controls and procedures and make changes intended to ensure the quality of our
financial reporting. There were no changes in internal control over financial reporting that occurred during the fourth
quarter of 2014 which have materially affected, or are reasonably likely to materially affect, the Company’s internal
control over financial reporting.
(c) Management’s Report on Internal Control Over Financial Reporting
Management’s Report on Internal Control Over Financial Reporting is included in “Part II—Item 8. Financial
Statements and Supplementary Data” and is incorporated herein by reference. The Report of Independent Registered
Public Accounting Firm on Internal Control Over Financial Reporting also is included in “Part II—Item 8. Financial
Statements and Supplementary Data” and incorporated herein by reference.
Item 9B. Other Information
None.
267 Capital One Financial Corporation (COF)