Dollar General 2005 Annual Report Download - page 34

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30
MANAGEMENT’S ANNUAL REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING
The management of Dollar General prepared and is
responsible for the consolidated financial statements
and all related financial information contained in this
document.This responsibility includes establishing and
maintaining effective internal control over financial
reporting as defined in Rule 13a-15(f ) under the Securities
Exchange Act of 1934.The Company’s internal control over
financial reporting is designed to provide reasonable
assurance regarding the reliability of financial reporting
and the preparation of financial statements for external
purposes in accordance with accounting principles
generally accepted in the United States of America.
To comply with the requirements of Section 404 of
the Sarbanes–Oxley Act of 2002, management designed
and implemented a structured and comprehensive assess-
ment process to evaluate its internal control over financial
reporting.The assessment of the effectiveness of the
Company’s internal control over financial reporting was
based on criteria established in Internal Control—
Integrated Framework issued by the Committee of
Sponsoring Organizations of the Treadway Commission.
Because of its inherent limitations, a system of
internal control over financial reporting can provide only
reasonable assurance and may not prevent or detect mis-
statements. Management regularly monitors its internal
control over financial reporting, and actions are taken to
correct any deficiencies as they are identified. Based on its
assessment, management has concluded that the
Company’s internal control over financial reporting is
effective as of February 3, 2006.
Management's assessment of the effectiveness of
internal control over financial reporting as of February 3,
2006, has been audited by Ernst & Young LLP, the inde-
pendent registered public accounting firm who also audit-
ed the Company's consolidated financial statements. Ernst
& Young's attestation report on management's assessment
of the Company's internal control over financial reporting
is contained below.