Barnes and Noble 2012 Annual Report Download - page 64

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Board of Directors and Stockholders
Barnes & Noble, Inc.
New York, New York
We have audited the accompanying consolidated balance
sheets of Barnes & Noble, Inc., as of April ,  and
April ,  and the related consolidated statements
of operations, comprehensive income (loss), changes in
shareholders’ equity and cash fl ows for each of the three
fi scal years ended April , . These fi nancial state-
ments are the responsibility of the Company’s manage-
ment. Our responsibility is to express an opinion on these
fi nancial 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 fi nancial statements are free of material misstatement.
An audit includes examining, on a test basis, evidence
supporting the amounts and disclosures in the fi nancial
statements, assessing the accounting principles used and
signifi cant estimates made by management, as well as
evaluating the overall fi nancial statement presentation. We
believe that our audits provide a reasonable basis for our
opinion.
In our opinion, the consolidated fi nancial statements
referred to above present fairly, in all material respects, the
fi nancial position of Barnes & Noble, Inc. as of April ,
 and April ,  and the results of its operations and
its cash fl ows for each of the three fi scal years ended April
, , in conformity with accounting principles gener-
ally accepted in the United States of America.
We also have audited, in accordance with the standards of
the Public Company Accounting Oversight Board (United
States), Barnes & Noble, Inc.’s internal control over
fi nancial reporting as of April , , based on criteria
established in Internal Control – Integrated Framework
issued by the Committee of Sponsoring Organizations of
the Treadway Commission (COSO) and our report dated
June ,  expressed an unqualifi ed opinion thereon.
BDO USA, LLP
New York, New York
June , 
REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
62 Barnes & Noble, Inc.