Dell 2006 Annual Report Download - page 63

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Table of Contents
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The Company did not design and maintain effective controls to ensure the completeness, accuracy and timeliness of the
recording of accrued liabilities, reserves and operating expenses.
These material weaknesses resulted in the restatement of the Company's fiscal 2006 and 2005 annual and interim financial
statements and resulted in adjustments, including audit adjustments, to the Company's fiscal 2007 annual and interim
financial statements. Additionally, these material weaknesses could result in misstatements of substantially all of the
Company's financial statement accounts that would result in a material misstatement of the Company's annual or interim
consolidated financial statements that would not be prevented or detected.
These material weaknesses were considered in determining the nature, timing, and extent of audit tests applied in our audit
of the fiscal 2007 consolidated financial statements, and our opinion regarding the effectiveness of the Company's internal
control over financial reporting does not affect our opinion on those consolidated financial statements.
In our opinion, management's assessment that the Company did not maintain effective internal control over financial
reporting as of February 2, 2007, is fairly stated, in all material respects, based on criteria established in Internal Control —
Integrated Framework issued by the COSO. Also, in our opinion, because of the effects of the material weaknesses
described above on the achievement of the objectives of the control criteria, the Company has not maintained effective
internal control over financial reporting as of February 2, 2007, based on criteria established in Internal Control — Integrated
Framework issued by the COSO.
PricewaterhouseCoopers LLP
Austin, Texas
October 29, 2007
60