Computer Associates 2009 Annual Report Download - page 56

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The Supplementary Data specified by Item 302 of Regulation S-K as it relates to selected quarterly data is included in
the “Selected Quarterly Information” section of Item 7, “Management’s Discussion and Analysis of Financial Condition
and Results of Operations.” Information on the effects of changing prices is not required.
ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON
ACCOUNTING AND FINANCIAL DISCLOSURE.
Not applicable.
ITEM 9A. CONTROLS AND PROCEDURES.
(a) Evaluation of Disclosure Controls and Procedures
Under the supervision and with the participation of the Company’s management, including the Chief Executive Officer
and Chief Financial Officer, the Company has evaluated the effectiveness of its disclosure controls and procedures as
such term is defined in Rules 13a-15(e) or 15d-15(e) under the Securities Exchange Act of 1934 (Exchange Act). Based
on that evaluation, the Chief Executive Officer and Chief Financial Officer have concluded that these disclosure controls
and procedures are effective as of the end of the period covered by this report.
(b) Management’s Report on Internal Control Over Financial Reporting
The Company’s management is responsible for establishing and maintaining adequate internal control over financial
reporting as defined in Exchange Act Rules 13a-15(f) and 15d-15(f). The Company’s internal control over financial
reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the
preparation of financial statements for external purposes in accordance with generally accepted accounting principles.
The Company’s internal control over financial reporting includes those policies and procedures that (i) pertain to the
maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the
assets of the Company; (ii) provide reasonable assurance that transactions are recorded as necessary to permit
preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and
expenditures of the Company are being made only in accordance with authorizations of management and directors of
the Company; and (iii) provide reasonable assurance regarding prevention or timely detection of unauthorized
acquisition, use, or disposition of the Company’s assets that could have a material effect on the Company’s financial
statements.
Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements.
Therefore, even those systems determined to be effective can provide only reasonable assurance with respect to
financial statement preparation and presentation. Also, projections of any evaluation of effectiveness to future periods
are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of
compliance with the policies or procedures may deteriorate.
Management conducted its evaluation of the effectiveness of internal control over financial reporting as of March 31,
2009 based on the framework in Internal Control — Integrated Framework issued by the Committee of Sponsoring
Organizations of the Treadway Commission (COSO). Management’s assessment included an evaluation of the design of
the Company’s internal control over financial reporting and testing the effectiveness of the Company’s internal control
over financial reporting. Based on that evaluation, the Company’s management concluded that the Company’s internal
control over financial reporting was effective as of March 31, 2009.
(c) Changes in Internal Control Over Financial Reporting
There were no changes in the Company’s internal control over financial reporting, as such term is defined in
Rules 13a-15(f) and 15d-15(f) under the Exchange Act, that occurred during the most recently completed fiscal quarter
that have materially affected, or are reasonably likely to materially affect, the Company’s internal control over financial
reporting.
As previously disclosed in Item 9A of our 2008 Form 10-K, the Company began the migration of certain financial and
sales processing systems to an enterprise resource planning (ERP) system in fiscal 2007 as part of its on-going project
to implement ERP at the Company’s facilities worldwide. In addition, during the first quarter of fiscal 2009, the Company
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