Home Depot 2008 Annual Report Download - page 30

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Item 8. Financial Statements and Supplementary Data.
Management’s Responsibility for Financial Statements
The financial statements presented in this Annual Report have been prepared with integrity and objectivity and are the
responsibility of the management of The Home Depot, Inc. These financial statements have been prepared in conformity
with U.S. generally accepted accounting principles and properly reflect certain estimates and judgments based upon the
best available information.
The financial statements of the Company have been audited by KPMG LLP, an independent registered public accounting
firm. Their accompanying report is based upon an audit conducted in accordance with the standards of the Public
Company Accounting Oversight Board (United States).
The Audit Committee of the Board of Directors, consisting solely of outside directors, meets five times a year with the
independent registered public accounting firm, the internal auditors and representatives of management to discuss auditing
and financial reporting matters. In addition, a telephonic meeting is held prior to each quarterly earnings release. The
Audit Committee retains the independent registered public accounting firm and regularly reviews the internal accounting
controls, the activities of the independent registered public accounting firm and internal auditors and the financial
condition of the Company. Both the Company’s independent registered public accounting firm and the internal auditors
have free access to the Audit Committee.
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 Rules 13a-15(f) promulgated under the Securities Exchange Act of 1934, as amended. Under the
supervision and with the participation of our management, including our chief executive officer and chief financial officer,
we conducted an evaluation of the effectiveness of our internal control over financial reporting as of February 1, 2009
based on the framework in Internal Control – Integrated Framework issued by the Committee of Sponsoring Organizations
of the Treadway Commission (COSO). Based on our evaluation, our management concluded that our internal control over
financial reporting was effective as of February 1, 2009 in providing reasonable assurance regarding the reliability of
financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted
accounting principles. The effectiveness of our internal control over financial reporting as of February 1, 2009 has been
audited by KPMG LLP, an independent registered public accounting firm, as stated in their report which is included on
page 26 in this Form 10-K.
/s/ FRANCIS S. BLAKE /s/ CAROL B. TOMÉ
Francis S. Blake Carol B. Tomé
Chairman & Chief Financial Officer &
Chief Executive Officer Executive Vice President – Corporate Services
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