Unum 2014 Annual Report Download - page 167

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UNUM • 2014 ANNUAL REPORT 165
Management’s Annual Report on
Internal Control Over Financial Reporting
The Company’s management is responsible for establishing and maintaining adequate internal control over financial reporting,
as defined in Rule 13a-15(f) under the Securities Exchange Act of 1934, as amended. The Company’s internal control over financial reporting
encompasses the processes and procedures management has established to (i) maintain records that, in reasonable detail, accurately and
fairly reflect the Company’s transactions and dispositions of assets; (ii) provide reasonable assurance that transactions are recorded as
necessary to permit preparation of financial statements in accordance with U.S. generally accepted accounting principles; (iii) provide
reasonable assurance that receipts and expenditures are appropriately authorized; and (iv) provide reasonable assurance regarding
prevention or timely detection of unauthorized acquisition, use, or disposition of the Company’s assets that could have a material effect
on the financial statements.
Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. In addition,
any projection of the evaluation of effectiveness to future periods is subject to the risk that controls may become inadequate because
of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.
We assessed the effectiveness of our internal control over financial reporting, based on criteria established in the 2013 Internal
Control — Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission, and concluded that,
as of December 31, 2014, we maintained effective internal control over financial reporting.
Attestation Report of the Company’s Registered Public Accounting Firm
Ernst & Young LLP, the independent registered public accounting firm that audited our consolidated financial statements included herein,
audited the effectiveness of our internal control over financial reporting, as of December 31, 2014, and issued the attestation report included
as follows.