NetFlix 2013 Annual Report Download - page 46

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REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
The Board of Directors and Stockholders of Netflix, Inc.
We have audited the accompanying consolidated balance sheets of Netflix, Inc. as of December 31, 2013
and 2012, and the related consolidated statements of operations, comprehensive income, stockholders’ equity and
cash flows for each of the two years in the period ended December 31, 2013. 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 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 financial statements referred to above present fairly, in all material respects, the
consolidated financial position of Netflix, Inc. at December 31, 2013 and 2012, and the consolidated results of its
operations and its cash flows for each of the two years in the period ended December 31, 2013, in conformity
with U.S. generally accepted accounting principles.
We also have audited, in accordance with the standards of the Public Company Accounting Oversight Board
(United States), Netflix, Inc.’s internal control over financial reporting as of December 31, 2013, based on
criteria established in Internal Control—Integrated Framework issued by the Committee of Sponsoring
Organizations of the Treadway Commission (1992 Framework) and our report dated January 31, 2014 expressed
an unqualified opinion thereon.
/s/ Ernst & Young LLP
San Jose, California
January 31, 2014
44