ManpowerGroup 2006 Annual Report Download - page 37

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฀ 33
Manpower฀2006฀Annual฀Report
TO฀THE฀BOARD฀OF฀DIRECTORS฀AND฀SHAREHOLDERS฀OF฀MANPOWER฀INC.:
In฀our฀opinion,฀the฀consolidated฀statements฀of฀operations,฀cash฀flows฀and฀shareholders’฀equity฀for฀the฀year฀ended฀December฀
31,฀2004฀present฀fairly,฀in฀all฀material฀respects,฀the฀results฀of฀operations฀and฀cash฀flows฀of฀Manpower฀Inc.฀and฀its฀subsidiaries฀for฀
the฀year฀ended฀December฀31,฀2004,฀in฀conformity฀with฀accounting฀principles฀generally฀accepted฀in฀the฀United฀States฀of฀
America.฀฀These฀financial฀statements฀are฀the฀responsibility฀of฀the฀Company’s฀management.฀฀Our฀responsibility฀is฀to฀express฀an฀
opinion฀on฀these฀financial฀statements฀based฀on฀our฀audit.฀฀We฀conducted฀our฀audit฀of฀these฀statements฀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,฀฀
assessing฀the฀accounting฀principles฀used฀and฀significant฀estimates฀made฀by฀management,฀and฀evaluating฀the฀overall฀financial฀
statement฀presentation.฀฀We฀believe฀that฀our฀audit฀provides฀a฀reasonable฀basis฀for฀our฀opinion.฀
PricewaterhouseCoopers฀LLP฀
Milwaukee,฀Wisconsin฀
February฀16,฀2005,฀except฀as฀to฀Notes฀1,฀2฀and฀15฀
฀ which฀are฀as฀of฀February฀9,฀2007
Changes฀in฀and฀Disagreements฀with฀Accountants฀on฀Accounting฀and฀Financial฀Disclosure
On฀July฀27,฀2005,฀the฀Audit฀Committee฀of฀the฀Board฀of฀Directors฀of฀Manpower฀Inc.฀(the฀“Company”)฀dismissed฀
PricewaterhouseCoopers฀LLP฀as฀the฀Company’s฀independent฀registered฀public฀accounting฀firm฀and฀appointed฀Deloitte฀&฀
Touche฀LLP฀as฀the฀Company’s฀new฀independent฀registered฀public฀accounting฀firm.
PricewaterhouseCoopers฀LLP’s฀reports฀on฀the฀Company’s฀consolidated฀financial฀statements฀for฀the฀year฀ended฀December฀31,฀
2004฀did฀not฀contain฀an฀adverse฀opinion฀or฀disclaimer฀of฀opinion,฀nor฀were฀they฀qualified฀or฀modified฀as฀to฀uncertainty,฀audit฀
scope,฀or฀accounting฀principle.
During฀the฀year฀ended฀December฀31,฀2004,฀and฀the฀subsequent฀interim฀period฀through฀July฀29,฀2005,฀there฀were฀no฀disagree-
ments฀between฀the฀Company฀and฀PricewaterhouseCoopers฀LLP฀on฀any฀matter฀of฀accounting฀principles฀or฀practices,฀financial฀
statement฀disclosure,฀or฀auditing฀scope฀or฀procedure,฀which฀disagreements,฀if฀not฀resolved฀to฀PricewaterhouseCoopers฀LLP’s฀
satisfaction,฀would฀have฀caused฀them฀to฀make฀reference฀to฀the฀subject฀matter฀of฀the฀disagreement฀in฀connection฀with฀their฀฀
reports฀on฀the฀financial฀statements฀of฀the฀Company฀for฀such฀years.
None฀of฀the฀reportable฀events฀described฀in฀Item฀304฀(a)(1)(v)฀of฀Regulation฀S-K฀occurred฀during฀the฀years฀ended฀December฀31,฀
2004฀or฀during฀the฀subsequent฀interim฀period฀through฀July฀29,฀2005.
The฀Company฀has฀provided฀PricewaterhouseCoopers฀LLP฀with฀a฀copy฀of฀the฀foregoing฀disclosures.
During฀the฀years฀ended฀December฀31,฀2004,฀and฀the฀subsequent฀interim฀period฀through฀July฀29,฀2005,฀the฀Company฀did฀not฀
consult฀with฀Deloitte฀&฀Touche฀LLP฀regarding฀any฀of฀the฀matters฀or฀events฀set฀forth฀in฀Item฀304฀(a)(2)(i)฀and฀(ii)฀of฀Regulation฀S-K.
Certifications
Manpower฀has฀filed฀the฀Chief฀Executive฀Officer/Chief฀Financial฀Officer฀certifications฀that฀are฀required฀by฀Section฀302฀of฀the฀
Sarbanes-Oxley฀Act฀of฀2002฀as฀exhibits฀to฀its฀Annual฀Report฀on฀Form฀10-K.฀In฀2006,฀Jeffrey฀A.฀Joerres,฀Manpower’s฀Chief฀
Executive฀Officer,฀submitted฀a฀certification฀to฀the฀New฀York฀Stock฀Exchange฀in฀accordance฀with฀Section฀303A.12฀of฀the฀NYSE฀
Listed฀Company฀Manual฀stating฀that,฀as฀of฀the฀date฀of฀the฀certification,฀he฀was฀not฀aware฀of฀any฀violation฀by฀Manpower฀of฀the฀
NYSE’s฀corporate฀governance฀listing฀standards.
REP ORT ฀OF ฀I NDEPE NDENT฀R EGIST ERED฀PU BLIC฀AC COUNT ING฀FIR M
Report฀of฀Independent฀Registered฀Public฀Accounting฀Firm