Columbia Sportswear 2002 Annual Report Download - page 33

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Item 7(a). QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
The information required by this item is included in Management’s Discussion and Analysis of Financial
Condition and Results of Operations and is incorporated herein by this reference.
Item 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
Our management is responsible for the information and representations contained in this report. The
financial statements have been prepared in conformity with accounting principles generally accepted in the
United States, which we consider appropriate in the circumstances and include some amounts based on our best
estimates and judgments. Other financial information in this report is consistent with these financial 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 financial statements in conformity with
accounting principles generally accepted in the United States of America. These systems are supplemented by the
selection and training of qualified financial 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 effectiveness of the accounting control system and other matters relating to
our financial affairs as they deem appropriate.
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