Columbia Sportswear 2013 Annual Report Download - page 46

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42
Item 7A. 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 of America,
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 appointing the independent registered public accounting firm and reviews
with the independent registered public accounting firm 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.