Sonic 2011 Annual Report Download - page 55

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Management's Report on Internal Control Over Financial Reporting
5 3
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, 2011. 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, 2011, the company’s internal control over financial reporting is effective based on those criteria.
The company’s independent registered public accounting firm that audited the financial statements included in this
annual report has issued an attestation report on the company’s internal control over financial reporting. This report
appears on the following page.