Tyson Foods 2004 Annual Report Download - page 64

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62
REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
We have audited the accompanying consolidated balance sheets
of Tyson Foods, Inc. as of October 2, 2004, and September 27, 2003,
and the related consolidated statements of income, shareholders’
equity and cash flows for each of the three years in the period ended
October 2, 2004. 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 account-
ing 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 Tyson Foods, Inc. at October 2, 2004, and September 27, 2003,
and the consolidated results of its operations and its cash flows
for each of the three years in the period ended October 2, 2004,
in conformity with U.S. generally accepted accounting principles.
As discussed in Note 1 to the financial statements, in 2004 the
Company adopted Emerging Issues Task Force Issue No. 03-6,
“Participating Securities and the Two-Class Method under FASB
Statement No. 128, Earnings per Share.”
Rogers, Arkansas
December 8, 2004