Cardinal Health 2008 Annual Report Download - page 87

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REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
To the Shareholders and the
Board of Directors of Cardinal Health, Inc.
We have audited the accompanying consolidated balance sheets of Cardinal Health, Inc. and subsidiaries
(the “Company”) as of June 30, 2008 and 2007, and the related consolidated statements of earnings,
shareholders’ equity, and cash flows for each of the three years in the period ended June 30, 2008. 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 the Company’s management. Our responsibility is to express an opinion on
these financial statements and the schedule 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. 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 financial statements referred to above present fairly, in all material respects, the
consolidated financial position of the Company as of June 30, 2008 and 2007, and the consolidated results of
their operations and their cash flows for each of the three years in the period ended June 30, 2008, in conformity
with the U.S. generally accepted accounting principles. 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 11 to the consolidated financial statements, the Company adopted Financial
Accounting Standards Board Interpretation No. 48, “Accounting for Uncertainty in Income Taxes” as of July 1,
2007.
We also have audited, in accordance with the standards of the Public Company Accounting Oversight Board
(United States), the Company’s internal control over financial reporting as of June 30, 2008, based on criteria
established in Internal Control-Integrated Framework issued by the Committee of Sponsoring Organizations of
the Treadway Commission and our report dated August 22, 2008 expressed an unqualified opinion thereon.
/s/ Ernst & Young LLP
ERNST & YOUNG LLP
Columbus, Ohio
August 22, 2008
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