Mattel 2012 Annual Report Download - page 110

Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure.
None.
Item 9A. Controls and Procedures.
Evaluation of Disclosure Controls and Procedures
As of December 31, 2012, Mattel’s disclosure controls and procedures were evaluated, with the
participation of Mattel’s principal executive officer and principal financial officer, to assess whether they are
effective in providing reasonable assurance that information required to be disclosed by Mattel in the reports that
it files or submits under the Securities Exchange Act of 1934 is accumulated and communicated to management,
including its principal executive officer and principal financial officer, as appropriate, to allow timely decisions
regarding required disclosure and to provide reasonable assurance that such information is recorded, processed,
summarized and reported within the time periods specified in Securities and Exchange Commission rules and
forms. The scope of Mattel’s assessment of the effectiveness of its disclosure controls and procedures does not
include any disclosure controls and procedures of HIT Entertainment, which was acquired on February 1, 2012,
that are also part of HIT Entertainment’s internal controls over financial reporting. This exclusion is in
accordance with the SEC’s general guidance that a recently acquired business may be omitted from the scope of
the assessment in the year of acquisition. Based on this evaluation, Bryan G. Stockton, Mattel’s principal
executive officer, and Kevin M. Farr, Mattel’s principal financial officer, concluded that these disclosure controls
and procedures were effective as of December 31, 2012.
Management’s Report on Internal Control over Financial Reporting
The report called for by Item 308(a) of Regulation S-K is incorporated by reference to Management’s
Report on Internal Control over Financial Reporting, included in Item 8 “Financial Statements and
Supplementary Data” of this report.
Report of Independent Registered Public Accounting Firm
The report called for by Item 308(b) of Regulation S-K is incorporated by reference to Report of
Independent Registered Public Accounting Firm, included in Item 8 “Financial Statements and Supplementary
Data” of this report.
Changes in Internal Control Over Financial Reporting
Mattel recently completed the implementation of an upgrade to the financial and human resources
information technology systems. Mattel has evaluated the effect on its internal control over financial reporting of
this upgrade for the three months ended December 31, 2012, and determined that this upgrade has not materially
affected, and is not reasonably likely to materially affect, Mattel’s internal control over financial reporting.
As part Mattel’s ongoing integration activities due to the acquisition of HIT Entertainment, Mattel will
continue to incorporate its internal controls and procedures into this recently acquired business and to augment its
company-wide controls. During the three months ended December 31, 2012, Mattel made no other changes to its
internal control over financial reporting that have materially affected, or are reasonably likely to materially
affect, its internal control over financial reporting.
Item 9B. Other Information.
None.
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