Tyson Foods 2014 Annual Report Download - page 106

ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE
Not applicable.
ITEM 9A. CONTROLS AND PROCEDURES
Evaluation of Disclosure Controls and Procedures
An evaluation was performed, under the supervision and with the participation of management, including the Chief Executive Officer (CEO)
and the Chief Financial Officer (CFO), of the effectiveness of the design and operation of our disclosure controls and procedures (as defined in
Rule 13a-15(e) under the Securities Exchange Act of 1934, as amended (the 1934 Act)). Based on that evaluation, the CEO and CFO
concluded that, as of September 27, 2014 , our disclosure controls and procedures were effective.
Changes in Internal Control Over Financial Reporting
In the quarter ended September 27, 2014 , there have been no changes in the Company’s internal control over financial reporting that have
materially affected, or are reasonably likely to materially affect, the Company’s internal control over financial reporting.
Management’s Annual Report on Internal Control Over Financial Reporting
Management is responsible for establishing and maintaining adequate internal control over financial reporting, as defined in Rule 13a-15(f) of
the 1934 Act. Our internal control over financial reporting was designed to provide reasonable assurance regarding the reliability of financial
reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles.
Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any
evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or
the degree of compliance with the policies or procedures may deteriorate.
Management conducted an evaluation of the effectiveness of our internal control over financial reporting as of September 27, 2014 . In making
this assessment, we used criteria set forth by the Committee of Sponsoring Organizations of the Treadway Commission (COSO) in Internal
Control – Integrated Framework (1992) .
Based on this evaluation under the framework in Internal Control – Integrated Framework (1992) issued by COSO, Management concluded
the Company’s internal control over financial reporting was effective as of September 27, 2014 .
Management excluded The Hillshire Brands Company from our assessment of internal control over financial reporting as of September 27,
2014 because it was acquired by the Company in a purchase business combination in August 2014. The Hillshire Brands Company is a wholly-
owned subsidiary whose total assets and total revenues represent 10% and 1%, respectively, of the related consolidated financial statement
amounts as of and for the year ended September 27, 2014.
The Company’s independent registered public accounting firm, PricewaterhouseCoopers LLP, who has audited the fiscal 2014 financial
statements included in this Form 10-K has also audited the Company’s internal control over financial reporting. Their report appears in Part II,
Item 8.
ITEM 9B. OTHER INFORMATION
None.
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