Cracker Barrel 2008 Annual Report Download - page 54

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In our opinion, such consolidated financial statements
present fairly, in all material respects, the financial
position of CBRL Group, Inc. and subsidiaries as of August
1, 2008 and August 3, 2007, and the results of their
operations and their cash flows for each of the three
fiscal years in the period ended August 1, 2008, in
conformity with accounting principles generally accepted
in the United States of America.
We have also audited, in accordance with the
standards of the Public Company Accounting Oversight
Board (United States), the Company’s internal control
over financial reporting as of August 1, 2008, based on
the criteria established in
Internal Control – Integrated
Framework
issued by the Committee of Sponsoring
Organizations of the Treadway Commission and our report
dated September 25, 2008 expressed an unqualified
opinion on the Company’s internal control over financial
reporting.
Nashville, Tennessee
September 25, 2008
52
TO THE BOARD OF DIRECTORS AND SHAREHOLDERS
OF CBRL GROUP, INC.
LEBANON, TENNESSEE
We have audited the accompanying consolidated balance
sheets of CBRL Group, Inc. and subsidiaries (the
“Company”) as of August 1, 2008 and August 3, 2007,
and the related consolidated statements of income,
changes in shareholders’ equity, and cash flows for each
of the three fiscal years in the period ended August 1,
2008. These financial statements are the responsibility of
the Company’s management. Our responsibility is to
express an opinion on these financial statements based
on our audits.
We conducted our audits in accordance with the
standards of the Public Company Accounting Oversight
Board (United States). Those standards require that
we plan and perform the audit to obtain reasonable
assurance about whether the financial statements are free
of material misstatement. An audit includes examining,
on a test basis, evidence supporting the amounts and
disclosures in the financial statements. An audit also
includes assessing the accounting principles used and
significant estimates made by management, as well
as evaluating the overall financial statement presentation.
We believe that our audits provide a reasonable basis
for our opinion.
Report of Independent Registered Public Accounting Firm