Dick's Sporting Goods 2008 Annual Report Download - page 42

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Management’s Responsibility for Financial Statements
The management of Dick’s Sporting Goods, Inc. is responsible for the preparation and integrity of the consolidated fi nancial
statements included in this Annual Report to Shareholders. The consolidated fi nancial statements have been prepared in accordance
with accounting principles generally accepted in the United States of America and include amounts based on management’s best
estimates and judgments where necessary. Financial information included elsewhere in this Annual Report is consistent with these
fi nancial statements. The consolidated fi nancial statements were audited by our independent registered public accounting fi rm.
Their report is included herein on page 42.
Report of Management on Internal Control over Financial Reporting
Our management is responsible for establishing and maintaining adequate internal control over fi nancial reporting. Internal control over
fi nancial reporting is a process to provide reasonable assurance regarding the reliability of our fi nancial reporting for external purposes
in accordance with accounting principles generally accepted in the United States of America. Internal control over fi nancial reporting
includes maintaining records that in reasonable detail accurately and fairly refl ect our transactions; providing reasonable assurance that
transactions are recorded as necessary for preparation of our fi nancial statements; providing reasonable assurance that receipts and
expenditures of company assets are made in accordance with management authorization; and providing reasonable assurance that
unauthorized acquisition, use or disposition of company assets that could have a material effect on our fi nancial statements would be
prevented or detected on a timely basis. Because of its inherent limitations, internal control over fi nancial reporting is not intended to
provide absolute assurance that a misstatement of our fi nancial statements would be prevented or detected.
Our management conducted an evaluation of the effectiveness of our internal control over fi nancial reporting based on the framework
and criteria established in Internal Control – Integrated Framework, issued by the Committee of Sponsoring Organizations of the
Treadway Commission. This evaluation included review of the documentation of controls, evaluation of the design effectiveness of
controls, testing of the operating effectiveness of controls and a conclusion on this evaluation. Based on this evaluation, management
concluded that the Company’s internal control over fi nancial reporting was effective as of January 31, 2009.
Deloitte & Touche LLP, an independent registered public accounting fi rm, has issued an attestation report on the Company’s internal
control over fi nancial reporting included on the following page of this document.
Edward W. Stack Timothy E. Kullman
Chairman and Chief Executive Offi cer Executive Vice President – Finance, Administration,
Chief Financial Offi cer and Treasurer
DICK’S SPORTING GOODS, INC. 2008 ANNUAL REPORT
40