Symantec 2013 Annual Report Download - page 95

REPORT OF THE AUDIT COMMITTEE
The information contained in the following report of Symantec’s Audit Committee is not considered to be
“soliciting material,” “filed” or incorporated by reference in any past or future filing by Symantec under the
Securities Exchange Act of 1934 or the Securities Act of 1933 unless and only to the extent that Symantec
specifically incorporates it by reference.
The Audit Committee is comprised solely of independent directors, as defined by current NASDAQ listing
standards, and operates under a written charter which was most recently amended by the Board on May 2, 2013.
The Audit Committee oversees Symantec’s financial reporting process on behalf of the Board. Management has
primary responsibility for the financial statements and the reporting process, including the systems of internal
controls. In fulfilling its oversight responsibilities, the Audit Committee reviewed the audited financial state-
ments that were included in Symantec’s Annual Report on Form 10-K for the fiscal year ended March 29, 2013
with management, including a discussion of the quality, not just the acceptability, of the accounting principles,
the reasonableness of significant judgments, and the clarity of the disclosures in the financial statements.
The Audit Committee reviewed with Symantec’s independent registered public accounting firm, which is
responsible for expressing an opinion on the conformity of those audited financial statements with generally
accepted accounting principles, its judgments as to the quality, not just the acceptability, of Symantec’s account-
ing principles and such other matters as are required to be discussed with the Audit Committee pursuant to appli-
cable auditing standards. In addition, the Audit Committee has received and reviewed the written disclosures and
the letter from the independent registered public accounting firm required by applicable requirements of the Pub-
lic Company Accounting Oversight Board regarding the registered public accounting firm’s communications
with the Audit Committee concerning independence from management and Symantec, and has discussed with the
independent registered public accounting firm the registered public accounting firm’s independence from
management and Symantec.
The Audit Committee discussed with Symantec’s internal accountants and independent registered public
accounting firm the overall scope and plans for their respective audits. The Audit Committee meets with the
internal accountants and independent registered public accounting firm, with and without management present, to
discuss the results of their examinations, their evaluations of Symantec’s internal controls, and the overall quality
of Symantec’s financial reporting.
The Audit Committee also received the report of management contained in Symantec’s Annual Report on
Form 10-K for the fiscal year ended March 29, 2013, as well as KPMG’s Report of Independent Registered Pub-
lic Accounting Firm included in Symantec’s Annual Report on Form 10-K related to its audit of (i) the con-
solidated financial statements and financial statement schedule and (ii) the effectiveness of internal control over
financial reporting. The Audit Committee continues to oversee Symantec’s efforts related to its internal control
over financial reporting and management’s preparations for the evaluation in fiscal 2014.
In reliance on the reviews and discussions referred to above, the Audit Committee recommended to the
Board (and the Board has approved) that the audited financial statements be included in Symantec’s Annual
Report on Form 10-K for the fiscal year ended March 29, 2013 for filing with the SEC.
By: The Audit Committee of the Board of Directors:
Michael A. Brown (member through July 24, 2012)
Frank E. Dangeard
Stephen E. Gillett (member through December 21, 2012)
Robert S. Miller
V. Paul Unruh (Chair)
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