World Fuel Services 2013 Annual Report Download - page 42

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Management has assessed the effectiveness of our internal control over financial reporting as of December 31, 2013 using the
framework specified in Internal Control – Integrated Framework (1992) issued by the Committee of Sponsoring Organizations of the
Treadway Commission (COSO). Based on such assessment, management has concluded that our internal control over financial
reporting was effective as of December 31, 2013.
The effectiveness of our internal control over financial reporting as of December 31, 2013 has been audited by
PricewaterhouseCoopers LLP, an independent registered certified public accounting firm, as stated in their report appearing herein.
Changes in Internal Control over Financial Reporting
As of December 31, 2013, we have included the CarterEnergy and Multi Service businesses, which were acquired in 2012, in our
assessment of the effectiveness of our internal control over financial reporting.
There were no changes in our internal control over financial reporting that materially affected, or are reasonably likely to materially
affect, our internal control over financial reporting during the quarter ended December 31, 2013.
It should be noted that any system of controls, however well designed and operated, can provide only reasonable, and not absolute,
assurance that the objectives of the system will be met. In addition, the design of any control system is based in part upon certain
assumptions about the likelihood of future events. Because of these and other inherent limitations of control systems, there is only the
reasonable assurance that our controls will succeed in achieving their goals under all potential future conditions.
Item 9B. Other Information
None.
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