Chili's 2014 Annual Report Download - page 75

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MANAGEMENT’S RESPONSIBILITY FOR THE CONSOLIDATED FINANCIAL STATEMENTS
Management is responsible for the reliability of the consolidated financial statements and related notes,
which have been prepared in conformity with U. S. generally accepted accounting principles and include
amounts based upon our estimates and judgments, as required. The consolidated financial statements have been
audited and reported on by our independent registered public accounting firm, KPMG LLP, who were given free
access to all financial records and related data, including minutes of the meetings of the Board of Directors and
Committees of the Board. We believe that the representations made to the independent registered public
accounting firm were valid and appropriate.
We maintain a system of internal control over financial reporting designed to provide reasonable assurance
of the reliability of the consolidated financial statements. Our internal audit function monitors and reports on the
adequacy of the compliance with the internal control system and appropriate actions are taken to address
significant control deficiencies and other opportunities for improving the system as they are identified. The Audit
Committee of the Board of Directors, which is comprised solely of outside directors, provides oversight to the
financial reporting process through periodic meetings with our independent registered public accounting firm,
internal auditors, and management. Both our independent registered public accounting firm and internal auditors
have free access to the Audit Committee. Although no cost-effective internal control system will preclude all
errors and irregularities, we believe our controls as of and for the year ended June 25, 2014 provide reasonable
assurance that the consolidated financial statements are reliable.
MANAGEMENT’S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING
Management is responsible for establishing and maintaining adequate internal control over financial
reporting. We have assessed the effectiveness of our internal control over financial reporting based on the
framework in Internal Control—Integrated Framework-1992 issued by the Committee of Sponsoring
Organizations of the Treadway Commission. Based on our assessment, we concluded that our internal control
over financial reporting was effective as of June 25, 2014.
Because of inherent limitations, internal control over financial reporting may not prevent or detect
misstatements. Also, projection of any evaluation of effectiveness to future periods are subject to the risk that
controls may become inadequate because of changes in conditions, or that the degree of compliance with the
policies and procedures may deteriorate.
The effectiveness of our internal control over financial reporting as of June 25, 2014 has been audited by
KPMG LLP, an independent registered public accounting firm, as stated in its attestation report which is included
herein.
/s/ WYMAN T. ROBERTS
WYMAN T. ROBERTS
Chief Executive Officer, President and President of Chili’s Grill & Bar
/s/ MARIE L. PERRY
MARIE L. PERRY
Senior Vice President, Treasurer, Controller and Chief Financial Officer
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