Harman Kardon 2007 Annual Report Download - page 52

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39
Report of Independent Registered Public Accounting Firm
The Board of Directors and Shareholders
Harman International Industries, Incorporated:
We have audited the accompanying consolidated balance sheets of Harman International Industries,
Incorporated and subsidiaries as of June 30, 2007 and 2006, and the related consolidated statements of
operations, cash flows and shareholders’ equity and comprehensive income for each of the years in the
three-year period ended June 30, 2007. In connection with our audits of the consolidated financial
statements, we also have audited the related financial statement schedule for each of the years in the
three-year period ended June 30, 2007. These consolidated financial statements and financial statement
schedule are the responsibility of the Company’s management. Our responsibility is to express an opinion
on these consolidated financial statements and financial statement 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 consolidated financial statements referred to above present fairly, in all material
respects, the financial position of Harman International Industries, Incorporated and subsidiaries as of
June 30, 2007 and 2006, and the results of their operations and their cash flows for each of the years in
the three-year period ended June 30, 2007, 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 consolidated financial statements taken as a whole, presents fairly, in all material respects, the
information set forth therein.
As discussed in Note 12 to the consolidated financial statements, the Company adopted Statement of
Financial Accounting Standards No. 158, Employers’ Accounting for Defined Benefit Pension and Other
Postretirement Plans effective June 30, 2007.
We also have audited, in accordance with the standards of the Public Company Accounting Oversight
Board (United States), the effectiveness of Harman International Industries, Incorporated’s internal
control over financial reporting as of June 30, 2007, based on criteria established in Internal Control—
Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway
Commission (COSO), and our report dated August 29, 2007 expressed an unqualified opinion on
management’s assessment of, and the effective operation of, internal control over financial reporting.
/s/ KPMG LLP
McLean, Virginia
August 29, 2007