THQ 2011 Annual Report Download - page 84

Download and view the complete annual report

Please find page 84 of the 2011 THQ annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 99

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99

,WHP&KDQJHVLQDQG'LVDJUHHPHQWVZLWK$FFRXQWDQWVRQ$FFRXQWLQJDQG)LQDQFLDO'LVFORVXUH
None.
,WHP$&RQWUROVDQG3URFHGXUHV
Definition and limitations of disclosure controls and procedures. Our disclosure controls and procedures (as defined in
Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934, as amended (the "Exchange Act")) are controls and
other procedures that are designed to ensure that information required to be disclosed in our reports filed under the Exchange Act,
such as this report, is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange
Commission's rules and forms. Disclosure controls and procedures are also designed to ensure that such information is accumulated
and communicated to our management, including the Chief Executive Officer and Chief Financial Officer, as appropriate to allow
timely decisions regarding required disclosure.
There are inherent limitations to the effectiveness of any system of disclosure controls and procedures. These limitations include
the possibility of human error, the circumvention or overriding of the controls and procedures and reasonable resource constraints.
In addition, because we have designed our disclosure controls and procedures based on certain assumptions, which we believe
are reasonable, about the likelihood of future events, our disclosure controls and procedures may not achieve its desired purpose
under all possible future conditions. Accordingly, our disclosure controls and procedures provide reasonable assurance, but not
absolute assurance, of achieving their objectives.
Evaluation of disclosure controls and procedures. Our Chief Executive Officer and Chief Financial Officer, after evaluating the
effectiveness of our disclosure controls and procedures, have concluded that as of April 2, 2011, our disclosure controls and
procedures were effective in providing the requisite reasonable assurance that information required to be disclosed in the reports
that we file or submit under the Exchange Act is recorded, processed, summarized and reported within the time periods specified
in the SEC's rules and forms, and is accumulated and communicated to our management, including our Chief Executive Officer
and Chief Financial Officer, as appropriate to allow timely decisions regarding required disclosure.
Changes in internal control over financial reporting. There were no changes in our internal control over financial reporting that
occurred during our fourth quarter of fiscal 2011 that have materially affected, or are reasonably likely to materially affect, our
internal control over financial reporting.
75