Famous Footwear 2012 Annual Report Download - page 46

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44 2012 BROWN SHOE COMPANY, INC. FORM 10-K
Report of Independent Registered Public Accounting Firm
The Board of Directors and Shareholders
Brown Shoe Company, Inc.
We have audited the accompanying consolidated balance sheets of Brown Shoe Company, Inc. (the Company)
as of February 2, 2013 and January 28, 2012, and the related consolidated statements of earnings, comprehensive
income, cash flows and shareholders’ equity for each of the three years in the period ended February 2, 2013.
Our audits also included the financial statement schedule listed in the Index at Item 15(a). These financial
statements and schedule are the responsibility of the Company’s management. Our responsibility is to express
an opinion on these financial statements and schedule 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.
In our opinion, the financial statements referred to above present fairly, in all material respects, the consolidated
financial position of Brown Shoe Company, Inc. at February 2, 2013 and January 28, 2012, and the consolidated
results of its operations and its cash flows for each of the three years in the period ended February 2, 2013, in
conformity with U.S. generally accepted accounting principles. Also, in our opinion, the related financial statement
schedule, when considered in relation to the basic financial statements taken as a whole, presents fairly, in all
material respects, the information set forth therein.
We also have audited, in accordance with the standards of the Public Company Accounting Oversight Board
(United States), Brown Shoe Company, Inc.’s internal control over financial reporting as of February 2, 2013,
based on criteria established in Internal Control – Integrated Framework issued by the Committee of
Sponsoring Organizations of the Treadway Commission, and our report dated April 2, 2013, expressed an
unqualified opinion thereon.
St. Louis, Missouri
April 2, 2013