Amazon.com 2007 Annual Report Download - page 52

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Report of Independent Registered Public Accounting Firm
The Board of Directors and Stockholders
Amazon.com, Inc.
We have audited the accompanying consolidated balance sheets of Amazon.com, Inc. as of December 31,
2007 and 2006, and the related consolidated statements of operations, stockholders’ equity, and cash flows for
each of the three years in the period ended December 31, 2007. Our audits also included the financial statement
schedule listed in the Index at Item 15(a)(2). These financial statements and schedule are the responsibility of the
Company’s management. Our responsibility is to express an opinion on these financial statements and schedule
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 financial statements referred to above present fairly, in all material respects, the
consolidated financial position of Amazon.com, Inc. at December 31, 2007 and 2006, and the consolidated
results of its operations and its cash flows for each of the three years in the period ended December 31, 2007, in
conformity with U.S. generally accepted accounting principles. Also, in our opinion, the related financial
statement schedule, when considered in relation to the basic financial statements taken as a whole, presents fairly
in all material respects the information set forth therein.
As discussed in Note 1 to the consolidated financial statements, the Company adopted FASB Interpretation
No. 48 Accounting for Uncertainty in Income Taxes, effective January 1, 2007.
We also have audited, in accordance with the standards of the Public Company Accounting Oversight Board
(United States), the effectiveness of Amazon.com, Inc.’s internal control over financial reporting as of
December 31, 2007, based on criteria established in Internal Control—Integrated Framework issued by the
Committee of Sponsoring Organizations of the Treadway Commission and our report dated February 8, 2008
expressed an unqualified opinion thereon.
/
S
/E
RNST
&Y
OUNG
LLP
Seattle, Washington
February 8, 2008
44