Plantronics 2006 Annual Report Download - page 116

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control over financial reporting includes those policies and procedures that (i) pertain to the maintenance
of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the
assets of the company; (ii) provide reasonable assurance that transactions are recorded as necessary to
permit preparation of financial statements in accordance with generally accepted accounting principles,
and that receipts and expenditures of the company are being made only in accordance with authorizations
of management and directors of the company; and (iii) provide reasonable assurance regarding prevention
or timely detection of unauthorized acquisition, use, or disposition of the company’s assets that could
have a material effect on the financial statements.
Because of its inherent limitations, internal control over financial 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 that the degree of compliance
with the policies or procedures may deteriorate.
As described in Management’s Report on Internal Control over Financial Reporting, management has
excluded Altec Lansing, Inc. (Altec Lansing) from its assessment of internal control over financial
reporting as of April 1, 2006 because it was acquired by the Company in a purchase business combination
during fiscal year 2006. We have also excluded Altec Lansing from our audit of internal control over
financial reporting. Altec Lansing is a wholly-owned subsidiary whose total assets and total revenues
represent 39.4% and 16.1% respectively, of the related consolidated financial statement amounts as of and
for the year ended April 1, 2006.
/s/ P
RICEWATERHOUSE
C
OOPERS
LLP
PricewaterhouseCoopers LLP
San Jose, California
June 2, 2006
110 ⯗Plantronics