Home Depot 2008 Annual Report Download - page 32

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Report of Independent Registered Public Accounting Firm
The Board of Directors and Stockholders
The Home Depot, Inc.:
We have audited the accompanying Consolidated Balance Sheets of The Home Depot, Inc. and subsidiaries as of
February 1, 2009 and February 3, 2008, and the related Consolidated Statements of Earnings, Stockholders’ Equity and
Comprehensive Income, and Cash Flows for each of the fiscal years in the three-year period ended February 1, 2009.
These Consolidated Financial Statements are the responsibility of the Company’s management. Our responsibility is to
express an opinion on these Consolidated Financial Statements 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 Consolidated Financial Statements referred to above present fairly, in all material respects, the
financial position of The Home Depot, Inc. and subsidiaries as of February 1, 2009 and February 3, 2008, and the results
of their operations and their cash flows for each of the fiscal years in the three-year period ended February 1, 2009, in
conformity with U.S. generally accepted accounting principles.
As discussed in Note 7 to the consolidated financial statements, effective January 29, 2007, the beginning of the
fiscal year ended February 3, 2008, the Company adopted Financial Accounting Standards Board Interpretation No. 48,
Accounting for Uncertainty in Income Taxes.
We also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United
States), The Home Depot, Inc.’s internal control over financial reporting as of February 1, 2009, based on criteria
established in Internal Control – Integrated Framework issued by the Committee of Sponsoring Organizations of the
Treadway Commission (COSO), and our report dated March 26, 2009 expressed an unqualified opinion on the
effectiveness of the Company’s internal control over financial reporting.
/s/ KPMG LLP
Atlanta, Georgia
March 26, 2009
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