Autodesk 2003 Annual Report Download - page 75

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REPORT OF ERNST & YOUNG LLP, INDEPENDENT AUDITORS
The Board of Directors and Stockholders of Autodesk, Inc.
We have audited the accompanying consolidated balance sheets of Autodesk, Inc., as of January 31, 2003
and 2002 and the related consolidated statements of income, cash flows and stockholders’ equity for each of the
three years in the period ended January 31, 2003. 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 Autodesk’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 auditing standards generally accepted in the 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 consolidated financial statements referred to above present fairly, in all material respects,
the consolidated financial position of Autodesk, Inc. at January 31, 2003 and 2002, and the consolidated results
of their operations and their cash flows for each of the three years in the period ended January 31, 2003, in
conformity with accounting principles generally accepted in the United States. 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 in the consolidated financial statements, in fiscal year 2003 Autodesk, Inc. changed
its method of accounting for goodwill and other purchased intangible assets in accordance with guidance
provided in Statement of Financial Accounting Standards No. 142, “Goodwill and Other Intangible Assets.”
/s/ E
RNST
&Y
OUNG
LLP
Palo Alto, California
April 9, 2003
66