Ameriprise 2012 Annual Report Download - page 113

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27FEB200923311029
Report of Independent Registered Public Accounting Firm
The Board of Directors and Shareholders of Ameriprise Financial, Inc.
We have audited the accompanying consolidated statements of operations, comprehensive income, equity, and cash flows
of Ameriprise Financial, Inc. (the Company) for the year ended December 31, 2010. 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 audit.
We conducted our audit 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 audit provides a reasonable basis for our opinion.
In our opinion, the financial statements referred to above present fairly, in all material respects, the consolidated results of
the Company’s operations and its cash flows for the year ended December 31, 2010, in conformity with U.S. generally
accepted accounting principles.
As discussed in Notes 1 and 3 to the consolidated financial statements, in 2012 the Company adopted new accounting
guidance related to the deferral of acquisition costs for insurance and annuity products. The accompanying 2010 financial
statements have been retrospectively adjusted.
Minneapolis, Minnesota
February 28, 2011; except for Note 24 (Discontinued Operations), as to which the date is February 24, 2012; and except
for Notes 1 and 3, regarding the impact of the adopted new accounting guidance related to the deferral of acquisition
costs for insurance and annuity products, as to which the date is February 26, 2013.
96