Radio Shack 2009 Annual Report Download - page 48

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41
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
We have established a system of disclosure controls and other procedures that are designed to ensure
that information required to be disclosed by us in the reports that we file or submit under the Securities
Exchange Act of 1934 (“Exchange Act”), is recorded, processed, summarized and reported within the
time periods specified by the SEC’s rules and forms, and that such information is accumulated and
communicated to management, including our Chief Executive Officer and Chief Financial Officer, as
appropriate to allow timely decisions regarding required disclosure. An evaluation of the effectiveness of
the design and operation of our disclosure controls and procedures (as defined in Rule 13a-15(e) under
the Exchange Act) was performed as of the end of the period covered by this annual report. This
evaluation was performed under the supervision and with the participation of management, including our
CEO and CFO.
Based upon that evaluation, our CEO and CFO have concluded that these disclosure controls and
procedures were effective.
Management’s Report on Internal Control Over Financial Reporting
Our management is responsible for establishing and maintaining adequate internal control over financial
reporting, as such term is defined in Exchange Act Rule 13a-15(f). Under the supervision and with the
participation of our management, including our CEO and CFO, we conducted an evaluation of the
effectiveness of our internal control over financial reporting based on the framework in “Internal Control –
Integrated Framework” issued by the Committee of Sponsoring Organizations of the Treadway
Commission. Based on our evaluation under the framework in “Internal Control – Integrated Framework,”
our management concluded that our internal control over financial reporting was effective as of December
31, 2009. The effectiveness of our internal control over financial reporting as of December 31, 2009, has
been audited by PricewaterhouseCoopers LLP, an independent registered public accounting firm, as
stated in their report which is included herein.
Changes in Internal Controls
There were no changes in our internal control over financial reporting that occurred during our last fiscal
quarter that have materially affected, or are reasonably likely to materially affect, our internal control over
financial reporting.
ITEM 9B. OTHER INFORMATION.
None.
PART III
ITEM 10. DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE.
We will file a definitive proxy statement with the Securities and Exchange Commission on or about April 16,
2010. The information called for by this Item with respect to directors and the Audit and Compliance
Committee of the Board of Directors is incorporated by reference from the Proxy Statement for the 2010
Annual Meeting under the headings “Item 1 - Election of Directors” and “Meetings and Committees of the
Board.” For information relating to our Executive Officers, see Part I of this report. The Section 16(a)
reporting