Foot Locker 2014 Annual Report Download - page 95

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Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure
There were no disagreements between the Company and its independent registered public accounting firm on
matters of accounting principles or practices.
Item 9A. Controls and Procedures
(a) Evaluation of Disclosure Controls and Procedures.
The Company’s management performed an evaluation under the supervision and with the participation of
the Company’s Chief Executive Officer (‘‘CEO’’) and Chief Financial Officer (‘‘CFO’’), and completed an
evaluation of the effectiveness of the design and operation of the Company’s disclosure controls and
procedures (as that term is defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of
1934, as amended (the ‘‘Exchange Act’’)) as of January 31, 2015. Based on that evaluation, the Company’s
CEO and CFO concluded that the Company’s disclosure controls and procedures were effective to ensure
that information relating to the Company that is required to be disclosed in the reports that we file or
submit under the Exchange Act is recorded, processed, summarized and reported, within the time periods
specified in the SEC rules and forms, and is accumulated and communicated to management, including
the CEO and CFO, as appropriate to allow timely decisions regarding required disclosure.
(b) Management’s Annual Report on Internal Control over Financial Reporting.
The Company’s management is responsible for establishing and maintaining adequate internal control
over financial reporting (as that term is defined in Exchange Act Rules 13a-15(f) and 15d-15(f)). To evaluate
the effectiveness of the Company’s internal control over financial reporting, the Company uses the
framework in Internal Control-Integrated Framework (2013) issued by the Committee of Sponsoring
Organizations of the Treadway Commission (the ‘‘2013 COSO Framework’’). Using the 2013 COSO
Framework, the Company’s management, including the CEO and CFO, evaluated the Company’s internal
control over financial reporting and concluded that the Company’s internal control over financial reporting
was effective as of January 31, 2015. KPMG LLP, the independent registered public accounting firm that
audits the Company’s consolidated financial statements included in this annual report, has issued an
attestation report on the Company’s effectiveness of internal control over financial reporting, which is
included in Item 9A(d).
(c) Changes in Internal Control over Financial Reporting.
During the Company’s last fiscal quarter there were no changes in internal control over financial reporting
that materially affected, or are reasonably likely to materially affect, the Company’s internal control over
financial reporting.
(d) Report of Independent Registered Public Accounting Firm on Internal Control Over Financial Reporting-
the report appears on the following page.
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