ComEd 2013 Annual Report Download - page 112

CERTIFICATIONS
TheCEO ofExelon hasmadetherequiredannual certificationsfor 2013 to theNewYorkStock Exchangeincompliancewiththe
NewYorkStock Exchangelistingstandards. TheCEO and CFO havefiledwiththeSEC all requiredcertificationsunder section 302
oftheSarbanes-OxleyActof2002.Thesecertificationsare filedasexhibits31-1and31-2toExelon’s 2013 Form10-K.
FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
Management’s Report on Internal Control Over Financial Reporting
Themanagement ofExelon Corporation (Exelon)isresponsible for establishingandmaintainingadequate internal control over
financial reporting, assuch termisdefinedinExchangeAct Rule 13a-15(f). Internal control over financial reportingisa process
designedto provide reasonable assuranceregardingthe reliabilityoffinancial reportingandthe preparation offinancial statements
for external purposesinaccordancewithgenerallyacceptedaccountingprinciples.
Becauseofitsinherent limitations, internal control over financial reportingmaynot prevent or detectmisstatements. Also,projections
ofanyevaluation ofeffectiveness to future periods are subjecttotherisk that controlsmaybecomeinadequate becauseofchanges
inconditions, or that thedegree ofcompliancewiththe policiesor proceduresmaydeteriorate.
Exelon’s management conductedan assessment oftheeffectiveness ofExelon’s internal control over financial reportingasof
December 31,2013.Inmakingthis assessment,management usedthecriteriainInternal Control—Integrated Framework
(1992) issuedbytheCommittee ofSponsoringOrganizationsoftheTreadwayCommission.Basedon this assessment,Exelon’s
management concludedthat,asofDecember 31,2013,Exelon’s internal control over financial reportingwaseffective.
Theeffectiveness oftheExelon’s internal control over financial reportingasofDecember 31,2013,hasbeen auditedby
PricewaterhouseCoopers LLP, an independent registeredpublic accountingfirm, asstatedintheir report which appearsherein.
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