TripAdvisor 2015 Annual Report Download - page 60

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REP ORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
TheBoardofDirectorsandStockholders
TripAdvisor,Inc.:
WehaveauditedtheaccompanyingconsolidatedbalancesheetsofTripAdvisor,Inc.andsubsidiaries(theCompany)asofDecember31,2015and2014,
andtherelatedconsolidatedstatementsofoperations,comprehensiveincome,changesinstockholders’equity,andcashflowsforeachoftheyearsinthetwo‑year
periodendedDecember31,2015.TheseconsolidatedfinancialstatementsaretheresponsibilityoftheCompany’smanagement.Ourresponsibilityistoexpressan
opinionontheseconsolidated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consolidatedfinancialstatementsreferredtoabovepresentfairly,inallmaterialrespects,thefinancialpositionofTripAdvisor,Inc.and
subsidiariesasofDecember31,2015and2014,andtheresultsoftheiroperationsandtheircashflowsforeachoftheyearsinthetwo‑yearperiodended
December31,2015,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),TripAdvisor,Inc.’sinternal
controloverfinancialreportingasofDecember31,2015,basedoncriteriaestablishedinInternalControl–IntegratedFramework(2013)issuedbytheCommittee
ofSponsoringOrganizationsoftheTreadwayCommission(COSO),andourreportdatedFebruary18,2016expressedanunqualifiedopinionontheeffectiveness
oftheCompany’sinternalcontroloverfinancialreporting.
/s/KPMGLLP
Boston,Massachusetts
February18,2016
57