Best Buy 2011 Annual Report Download - page 130

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Item 9. Changes in and Disagreements With Accountants on Accounting and Financial
Disclosure.
None.
Item 9A. Controls and Procedures.
Disclosure Controls and Procedures
We maintain disclosure controls and procedures that are designed to ensure that information required to be disclosed by
us in the reports we file or submit under the Exchange Act is recorded, processed, summarized and reported within the
time periods specified in the SEC’s rules and forms, and that such information is accumulated and communicated to our
management, including our Chief Executive Officer (principal executive officer) and Chief Financial Officer (principal
financial officer), to allow timely decisions regarding required disclosure. We have established a Disclosure Committee,
consisting of certain members of management, to assist in this evaluation. Our Disclosure Committee meets on a quarterly
basis and more often if necessary.
Our management, including our Chief Executive Officer and Chief Financial Officer, evaluated the effectiveness of our
disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) promulgated under the Exchange Act),
as of February 26, 2011. Based on that evaluation, our Chief Executive Officer and Chief Financial Officer concluded
that, as of February 26, 2011, our disclosure controls and procedures were effective.
Management’s Report on Internal Control Over Financial Reporting
Management’s report on our internal control over financial reporting is included in Item 8, Financial Statements and
Supplementary Data, of this Annual Report on Form 10-K.
Attestation Report of the Independent Registered Public Accounting Firm
The attestation report of Deloitte & Touche LLP, our independent registered public accounting firm, on the effectiveness of
our internal control over financial reporting is included in Item 8, Financial Statements and Supplementary Data, of this
Annual Report on Form 10-K.
Changes in Internal Control Over Financial Reporting
There were no changes in internal control over financial reporting during the fiscal fourth quarter ended February 26,
2011, that have materially affected, or are reasonably likely to materially affect, our internal control over financial
reporting.
Certifications
The certifications of our Chief Executive Officer and our Chief Financial Officer required by Section 302 of the Sarbanes-
Oxley Act of 2002 are filed as Exhibits No. 31.1 and No. 31.2, respectively, to this Annual Report on Form 10-K. As
required by section 303A.12(a) of the New York Stock Exchange Listed Company Manual, our Chief Executive Officer has
certified to the New York Stock Exchange that he is not aware of any violation by us of the NYSE’s Corporate Governance
listing standards.
Item 9B. Other Information.
There was no information required to be disclosed in a Current Report on Form 8-K during the fourth quarter of the fiscal
year covered by this Annual Report on Form 10-K that was not reported.
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