CompUSA 2014 Annual Report Download - page 48
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Report of Independent Registered Public Accounting Firm
The Board of Directors and Shareholders of Systemax Inc.
We have audited the accompanying consolidated balance sheets of Systemax Inc. and subsidiaries (“the Company”)
as of December 31, 2014
and 2013, and the related consolidated statements of operations, comprehensive (loss), shareholders' equity and cash flows for each of the three
years in the period ended December 31, 2014. Our audits also included the financial statement schedule listed in the Index at Item 15(a). These
financial statements and financial statement schedule are the responsibility of the Company's management. Our responsibility is to express an
opinion on these financial statements and 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 Systemax
Inc. and subsidiaries at December 31, 2014 and 2013, and the consolidated results of their operations and their cash flows for each of the three
years in the period ended December 31, 2014, in conformity with 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. 1
We have also audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States), Systemax Inc.’
s
internal control over financial reporting as of December 31, 2014, based on criteria established in Internal Control-
Integrated Framework issued
by the Committee of Sponsoring Organizations of the Treadway Commission 2013 framework and our report dated March 12, 2015 expressed
and unqualified opinion thereon.
/s/ Ernst & Young LLP
New York, New York
March 12, 2015
44
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