Frontier Airlines 2010 Annual Report Download - page 128

ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE
Not applicable
ITEM 9A. CONTROLS AND PROCEDURES
Evaluation of Disclosure Controls and Procedures.
We maintain "disclosure controls and procedures", as such term is defined under Securities Exchange Act Rule 13a-15(e), that are
designed to ensure that information required to be disclosed in our Exchange Act reports is recorded, processed, summarized and reported
within the time periods specified in the SEC's rules and forms, and that such information is accumulated and communicated to our
management, including our Chief Executive Officer and Chief Financial Officer, as appropriate, to allow timely decisions regarding required
disclosures. In designing and evaluating the disclosure controls and procedures, our management recognized that any controls and
procedures, no matter how well designed and operated, can provide only reasonable assurance of achieving the desired control objectives and
our management necessarily was required to apply its judgment in evaluating the cost-benefit relationship of possible controls and
procedures. We have carried out an evaluation, as of the end of the period covered by this report, under the supervision and with the
participation of our management, including our Chief Executive Officer and Chief Financial Officer, of the effectiveness of the design and
operation of our disclosure controls and procedures. Based upon their evaluation and subject to the foregoing, the Chief Executive Officer
and Chief Financial Officer concluded that our disclosure controls and procedures were effective.
Changes in Internal Control
During the quarter ended December 31, 2010, we did not make any changes in our internal control over financial reporting that have
materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.
Management’ s Annual Report on Internal Control Over Financial Reporting
Management is responsible for establishing and maintaining adequate internal control over financial reporting, as such term is
defined in Rules 13a-15(f) and 15d-15(f) under the Securities Exchange Act of 1934. Our 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.
Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. 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 that the degree of compliance with the policies may deteriorate.
Under the supervision and with the participation of the Company’ s Chief Executive Officer and Chief Financial Officer, the
Company’ s management conducted an evaluation of the effectiveness of our internal control over financial reporting as of December 31,
2010 using the criteria issued by the Committee of Sponsoring Organizations of the Treadway Commission in Internal Control-Integrated
Framework. Based on that evaluation, the Company’ s management concluded that our internal control over financial reporting was effective
as of December 31, 2010.
The Company's effectiveness of our internal control over financial reporting as of December 31, 2010 has been audited by
Deloitte & Touche LLP, an independent registered public accounting firm, which also audited our Consolidated Financial Statements.
Deloitte & Touche LLP’ s report on the Company's effectiveness of internal control over financial reporting appears on page 46.
Our independent registered public accountants, Deloitte & Touche LLP, audited the consolidated financial statements included in
this annual report on Form 10-K and have issued an attestation report on the effectiveness of our internal control over financial reporting as of
December 31, 2010, which is included in Part II, Item 8 of this Annual Report on Form 10-K.
ITEM 9B. OTHER INFORMATION