Ameriprise 2009 Annual Report Download - page 105

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Report of Independent Registered Public Accounting Firm
The Board of Directors and Shareholders of Ameriprise Financial, Inc.
We have audited the accompanying consolidated balance sheets of Ameriprise Financial, Inc. (the Company) as of December 31, 2009
and 2008, and the related consolidated statements of operations, equity, and cash flows for each of the three years in the period ended
December 31, 2009. 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 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
Ameriprise Financial, Inc. at December 31, 2009 and 2008, and the consolidated results of its operations and its cash flows for each of the
three years in the period ended December 31, 2009, in conformity with U.S. generally accepted accounting principles.
As discussed in Note 3 to the consolidated financial statements, in 2009 the Company adopted new accounting guidance related to the
recognition and presentation of other-than-temporary impairments. Also, in 2008 the Company adopted new accounting guidance
related to the measurement of fair value, and in 2007 the Company adopted new guidance related to the accounting for uncertainty in
income taxes, as well as new guidance related to the accounting for deferred acquisition costs in connection with modifications or
exchanges insurance and annuity contracts.
We also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States), Ameriprise
Financial, Inc.’s internal control over financial reporting as of December 31, 2009, 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 23, 2010, expressed an unqualified opinion thereon.
Minneapolis, Minnesota
February 23, 2010
90 ANNUAL REPORT 2009