Sonic 2005 Annual Report Download - page 52

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The management of the Company is responsible for establishing and maintaining adequate internal control over
financial reporting.The Company’s internal control system was designed to provide reasonable assurance to the
Company’s management and Board of Directors regarding the preparation and fair presentation of published financial
statements. All internal control systems, no matter how well designed, have inherent limitations. Therefore, even those
systems determined to be effective can provide only reasonable assurance with respect to financial statement
preparation and presentation.
The Company’s management assessed the effectiveness of the Company’s internal control over financial reporting
as of August 31, 2005. In making this assessment, it used the criteria set forth by the Committee of Sponsoring
Organizations of the Treadway Commission in Internal Control—Integrated Framework. Based on our assessment,
we believe that, as of August 31, 2005, the Company’s internal control over financial reporting is effective based on
those criteria.
The Company’s independent registered public accounting firm has issued an attestation report on management’s
assessment of the Company’s internal control over financial reporting.This report appears on the following page.
Management’s Report on Internal Control over Financial Reporting
42