Ford 2012 Annual Report Download - page 160

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158 Ford Motor Company | 2012 Annual Report
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). The Company's internal control over financial reporting is a process
designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial
statements for external purposes in accordance with generally accepted accounting principles.
Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements.
Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become
inadequate because of changes in conditions or because the degree of compliance with policies or procedures may
deteriorate.
Under the supervision and with the participation of our management, including our CEO and CFO, we conducted an
assessment of the effectiveness of our internal control over financial reporting as of December 31, 2012. The assessment
was based on criteria established in the framework Internal Control - Integrated Framework, issued by the Committee of
Sponsoring Organizations of the Treadway Commission. Based on this assessment, management concluded that our
internal control over financial reporting was effective as of December 31, 2012.
The effectiveness of the Company's internal control over financial reporting as of December 31, 2012 has been
audited by PricewaterhouseCoopers LLP, an independent registered public accounting firm, as stated in its report
included herein.