Columbia Sportswear 2000 Annual Report Download - page 33

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Item 8. Financial Statements and Supplemental Data
Our management is responsible for the information and representations contained in this report. The
Ñnancial statements have been prepared in conformity with accounting principles generally accepted in the
United States of America, which we considered appropriate in the circumstances and include some amounts
based on our best estimates and judgements. Other Ñnancial information in this report is consistent with these
Ñnancial statements.
Our accounting systems include controls designed to reasonably assure that assets are safeguarded from
unauthorized use or disposition and which provide for the preparation of Ñnancial statements in conformity
with accounting principles generally accepted in the United States of America. These systems are supple-
mented by the selection and training of qualiÑed Ñnancial personnel and an organizational structure providing
for appropriate segregation of duties.
The Audit Committee is responsible for recommending to the Board of Directors the appointment of the
independent accountants and reviews with the independent accountants and management the scope and the
results of the annual examination, the eÅectiveness of the accounting control system and other matters relating
to our Ñnancial aÅairs as they deem appropriate.
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