Dillard's 2012 Annual Report Download - page 46

Download and view the complete annual report

Please find page 46 of the 2012 Dillard's annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 86

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86

ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND
FINANCIAL DISCLOSURE.
As disclosed in the Company’s current report on Form 8-K filed with the SEC on October 12,
2011, the Company changed its independent registered public accountants effective for the fiscal year
ended January 28, 2012.
ITEM 9A. CONTROLS AND PROCEDURES.
Evaluation of Disclosure Controls and Procedures
The Company has established and maintains disclosure controls and procedures (as defined in
Rule 13a-15(e) under the Exchange Act). The Company’s management, with the participation of our
CEO and CFO, has evaluated the effectiveness of the Company’s disclosure controls and procedures as
of the end of the fiscal year covered by this annual report, and based on that evaluation, the
Company’s CEO and CFO have concluded that these disclosure controls and procedures were effective.
Management’s Report on Internal Control over Financial Reporting
Our management is responsible for establishing and maintaining adequate internal control over
financial reporting, as such term is defined in Exchange Act Rule 13a-15(f). Under the supervision and
with the participation of our management, including our CEO and CFO, we conducted an evaluation
of the effectiveness of our internal control over financial reporting based on the framework in Internal
Control—Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway
Commission. Based on our evaluation under the framework in Internal Control—Integrated Framework,
our management concluded that our internal control over financial reporting was effective as of
February 2, 2013.
Our independent registered public accounting firm, KPMG LLP (‘‘KPMG’’), has audited our
Consolidated Financial Statements included in this Annual Report on Form 10-K and has issued a
report on the effectiveness of our internal control over financial reporting as of February 2, 2013.
Please refer to KPMG’s ‘‘Report of Independent Registered Public Accounting Firm’’ on page F-2 of
this Annual Report on Form 10-K.
Changes in Internal Controls
There were no changes in our internal control over financial reporting that occurred during the
fiscal quarter ended February 2, 2013 that have materially affected, or are reasonably likely to
materially affect, our internal control over financial reporting.
ITEM 9B. OTHER INFORMATION.
None.
42