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REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
Board of Directors and Stockholders
Barnes & Noble, Inc.
New York, New York
We have audited the accompanying consolidated balance
sheet of Barnes & Noble, Inc., as of April 28, 2012 and the
related consolidated statements of operations, compre-
hensive income (loss), changes in shareholders’ equity
and cash flows for each of the two fiscal years ended April
28, 2012. These financial statements are the responsibil-
ity 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, 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 financial position of Barnes & Noble, Inc. as of April
28, 2012 and the results of its operations and its cash flows
for each of the two fiscal years ended April 28, 2012, in
conformity with accounting principles generally accepted
in the United States of America.
As discussed in Note 2, certain adjustments have been
made to the previously issued consolidated financial state-
ments for each of two fiscal years ended April 28, 2012.
BDO USA, LLP
New York, New York
June 27, 2012, except for Note 2, as to which the date is
July 26, 2013
2013 Annual Report 77