Kimberly-Clark 2008 Annual Report Download - page 106

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PART II
(Continued)
The Corporation’s code of conduct, among other things, contains policies for conducting business affairs in
a lawful and ethical manner everywhere it does business, for avoiding potential conflicts of interest and for
preserving confidentiality of information and business ideas. Internal controls have been implemented to provide
reasonable assurance that the code of conduct is followed.
Management’s Report on Internal Control Over Financial Reporting
Management is responsible for establishing and maintaining an adequate system of internal control over
financial reporting, including safeguarding of assets against unauthorized acquisition, use or disposition. This
system is designed to provide reasonable assurance to management and the Board of Directors regarding
preparation of reliable published financial statements and safeguarding of the Corporation’s assets. This system
is supported with written policies and procedures, contains self-monitoring mechanisms and is audited by the
internal audit function. Appropriate actions are taken by management to correct deficiencies as they are
identified. All internal control systems have inherent limitations, including the possibility of circumvention and
overriding of controls, and, therefore, can provide only reasonable assurance as to the reliability of financial
statement preparation and such asset safeguarding.
The Corporation has assessed the effectiveness of its internal control over financial reporting as of
December 31, 2008. In making this assessment, it used the criteria described in “Internal Control—Integrated
Framework” issued by the Committee of Sponsoring Organizations of the Treadway Commission (COSO).
Based on this assessment, management believes that, as of December 31, 2008, the Corporation’s internal control
over financial reporting is effective.
Deloitte & Touche LLP has issued its attestation report on the effectiveness of the Corporation’s internal
control over financial reporting. That attestation report appears below.
/s/ Thomas J. Falk /s/ Mark A. Buthman
Thomas J. Falk Mark A. Buthman
Chairman of the Board and Senior Vice President and
Chief Executive Officer Chief Financial Officer
February 26, 2009
Changes in Internal Control Over Financial Reporting
There have been no changes in the Corporation’s internal control over financial reporting identified in
connection with the evaluation described above in “Management’s Report on Internal Control Over Financial
Reporting” that occurred during the Corporation’s fourth fiscal quarter that have materially affected, or are
reasonably likely to materially affect, the Corporation’s internal control over financial reporting.
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