Ford 2006 Annual Report Download - page 112
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Management’s Report on Internal Control Over Financial Reporting
Our management is responsible for establishing and maintaining adequate internal control over fi nancial reporting, as
such term is defi ned in Exchange Act Rule 13a-15(f). The Company’s internal control over fi nancial reporting is a process
designed to provide reasonable assurance regarding the reliability of fi nancial reporting and the preparation of fi nancial
statements for external purposes in accordance with generally accepted accounting principles.
Because of its inherent limitations, internal control over fi nancial reporting may not prevent or detect misstatements.
Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become
inadequate because of changes in conditions or because the degree of compliance with policies or procedures may
deteriorate.
Under the supervision and with the participation of our management, including our Chief Executive Offi cer and
Chief Financial Offi cer, we conducted an assessment of the effectiveness of our internal control over fi nancial reporting
as of December 31, 2006. The assessment was based on criteria established in the framework Internal Control –
Integrated Framework, issued by the Committee of Sponsoring Organizations of the Treadway Commission. Based
on this assessment, management concluded that our internal control over fi nancial reporting was effective as of
December 31, 2006.
Management’s assessment of the effectiveness of the Company’s internal control over fi nancial reporting as of
December 31, 2006 has been audited by PricewaterhouseCoopers LLP, an independent registered public accounting fi rm,
as stated in their report included in this Annual Report.
New York Stock Exchange Required Disclosures
On June 6, 2006, Ford’s Chief Executive Offi cer certifi ed that he was not aware of any violation by the Company of
the New York Stock Exchange’s Corporate Governance listing standards, other than has been notifi ed to the Exchange
pursuant to Section 303A.12 (b), of which there was none.
We have fi led with the Securities and Exchange Commission, as exhibits to our Annual Report on Form 10-K for
the year ended December 31, 2006, our Chief Executive Offi cer’s and Chief Financial Offi cer’s certifi cations required by
Section 302 of the Sarbanes-Oxley Act of 2002.