SkyWest Airlines 2006 Annual Report Download - page 75

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ITEM 9. CHANGES IN AND DISAGREEMENTS ON ACCOUNTING AND FINANCIAL DISCLOSURE
None.
ITEM 9A. CONTROLS AND PROCEDURES
Disclosure Controlsand Procedures
Under the supervision andwith the participation of ourmanagement, including ourprincipal
executive officer and principal financial officer, we conducted an evaluation of our disclosure controls and
procedures, as such term is defined under Rule 13a-14(c) promulgated under theSecurities ExchangeAct
of 1934, as amended (the “ExchangeAct”), within 90 days of thefiling date of this Report. During the year
ended December 31, 2006, we changed ASA’s accounting software system to the SkyWest accounting
software system. Based on this evaluation, ourprincipal executive officerand principal financial officer
concluded that our disclosure controls and procedures are effective in alerting them on a timely basis to
materialinformation required to be included in our reports filed or submitted under the Exchange Act.
There have been no other significant changes (includingcorrective actionswith regard to material
weaknesses) in our internal controls or in other factors that could significantly affect these controls
subsequent to the date of theevaluation referenced above.
Report of Management on Internal Control over Financial Reporting
Our management is responsible for establishing and maintaining adequate internal control over
financial reporting as defined in Rules 13a-15(f) under theExchange Act. Our internalcontrol over
financialreporting is a process designed to provide reasonableassurance regardingthe reliability of
financialreporting and the preparation of financial statements for external purposes in accordance with
accounting principles generally accepted in the United States of America. Internal controlover financial
reportingincludesthose written policies and procedures that:
•pertain to the maintenance of records that,in reasonable detail, accurately and fairly reflect
the transactionsand dispositions of our assets;
•provide reasonable assurance that transactions arerecorded as necessary to permit preparation
of financial statements in accordance with accountingprinciples generally accepted in the
United States of America;
•provide reasonable assurance that ourreceipts and expenditures arebeing made only in
accordance withauthorization of ourmanagement; and
•provide reasonable assurance regardingprevention or timely detection of unauthorized
acquisition, use or disposition of assets that couldhavea material effect on ourconsolidated
financial statements.
Internal control overfinancial reporting includes thecontrols themselves,monitoring and internal
auditing practices and actions taken to correct deficiencies as identified.
Because of its inherent limitations, internal control over financial reporting maynot prevent or detect
misstatements. Also, projections of any evaluation of effectiveness to future periodsaresubject to the risk
that controls may become inadequatebecauseof changes in conditions, or that the degree of compliance
with thepolicies or procedures may deteriorate.
Our management assessed theeffectiveness our internal control over financial reporting as of
December31, 2006. Our management’s assessment was based on criteria for effective internal controlover
financial reporting described in “Internal Control—“Integrated Framework” issued by the Committee of
SponsoringOrganizations of theTreadway Commission. Our management’s assessment included an