Cigna 2015 Annual Report Download - page 146

PART II
ITEM 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure
Changes in and Disagreements with Accountants
on Accounting and Financial Disclosure
None.
Controls and Procedures
Disclosure Controls and Procedures
Based on an evaluation of the effectiveness of Cigna’s disclosure procedures are effective to ensure that information required to be
controls and procedures conducted under the supervision and with disclosed by Cigna in the reports that it files or submits under the
the participation of Cigna’s management, Cigna’s Chief Executive Exchange Act is recorded, processed, summarized and reported,
Officer and Chief Financial Officer concluded that, as of the end of within the time periods specified in the SEC’s rules and forms.
the period covered by this report, Cigna’s disclosure controls and
Internal Control Over Financial Reporting
provide reasonable assurance regarding prevention or timely
Management’s Annual Report on Internal
detection of unauthorized acquisitions, use or disposition of the
Control over Financial Reporting
Company’s assets that could have a material effect on the
financial statements.
Management of Cigna Corporation is responsible for establishing and
maintaining adequate internal controls over financial reporting. The Because of its inherent limitations, internal control over financial
Company’s internal controls were designed to provide reasonable reporting may not prevent or detect misstatements.
assurance to the Company’s management and Board of Directors that
Management assessed the effectiveness of the Company’s internal
the Company’s consolidated published financial statements for
controls over financial reporting as of December 31, 2015. In making
external purposes were prepared in accordance with accounting
this assessment, management used the criteria set forth by the
principles generally accepted in the United States. The Company’s
Committee of Sponsoring Organizations of the Treadway
internal control over financial reporting includes those policies and
Commission (‘‘COSO’’) in Internal Control – Integrated Framework
procedures that: (2013). Based on management’s assessment and the criteria set forth
pertain to the maintenance of records that, in reasonable detail, by COSO, it was determined that the Company’s internal controls
accurately and fairly reflect the transactions and dispositions of over financial reporting are effective as of December 31, 2015.
the assets and liabilities of the Company;
The Company’s independent registered public accounting firm,
provide reasonable assurance that transactions are recorded as PricewaterhouseCoopers, has audited the effectiveness of the
necessary to permit preparation of financial statements in Company’s internal control over financial reporting, as stated in their
accordance with accounting principles generally accepted in the report located on page 58 in this Form 10-K.
United States, and that receipts and expenditures of the
Company are being made only in accordance with authorization
of management and directors of the Company; and
Other Information
None.
116 CIGNA CORPORATION - 2015 Form 10-K
ITEM 9.
ITEM 9A.
A.
B.
(iii)
(i)
(ii)
ITEM 9B.