Neiman Marcus 2009 Annual Report Download - page 52

Table of Contents
ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
The following consolidated financial statements of the Company and supplementary data are included as pages F-1 through
F-44 at the end of this Annual Report on Form 10-K:
Index
Page
Number
Management's Report on Internal Control over Financial Reporting F-2
Reports of Independent Registered Public Accounting Firm F-3
Consolidated Balance Sheets F-5
Consolidated Statements of Operations F-6
Consolidated Statements of Cash Flows F-7
Consolidated Statements of Shareholders' Equity F-8
Notes to Consolidated Financial Statements F-9
ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL
DISCLOSURE
None.
ITEM 9A. CONTROLS AND PROCEDURES
a. Disclosure Controls and Procedures
In accordance with Exchange Act Rules 13a-15 and 15d-15, we carried out an evaluation as of July 31, 2010, under the
supervision and with the participation of our Chief Executive Officer and Chief Financial Officer, as well as other key members of our
management, of the effectiveness of our disclosure controls and procedures (as defined in Rule 13a-15(e) and Rule 15d-15(e) under
the Exchange Act). Based on that evaluation, our Chief Executive Officer and Chief Financial Officer concluded that our disclosure
controls and procedures were effective to provide reasonable assurance that information required to be disclosed in our reports filed or
submitted under the Exchange Act is recorded, accumulated, processed, summarized, reported and communicated on a timely basis
within the time periods specified in the Securities and Exchange Commission's rules and forms.
b. Internal Control over Financial Reporting
Our management is responsible for establishing and maintaining adequate internal control over financial reporting as defined
in Exchange Act Rule 13a-15(f). Our management conducted an evaluation of the effectiveness of our internal control over financial
reporting based on the framework and criteria established in Internal Control—Integrated Framework, issued by the Committee of
Sponsoring Organizations of the Treadway Commission. Based on this evaluation, our management concluded that our internal
control over financial reporting was effective as of July 31, 2010. During its assessment, management did not identify any material
weaknesses in our internal control over financial reporting. Our independent registered public accounting firm, Ernst & Young LLP,
has audited our consolidated financial statements and has issued an attestation report on the effectiveness of our internal controls over
financial reporting as of July 31, 2010.
c. Changes in Internal Control over Financial Reporting
In the ordinary course of business, we routinely enhance our information systems by either upgrading our current systems or
implementing new systems. No change occurred in our internal controls over financial reporting during the quarter ended July 31,
2010 that has materially affected, or is reasonably likely to materially affect, our internal controls over financial reporting.
ITEM 9B. OTHER INFORMATION
None.
49