XO Communications 2009 Annual Report Download - page 82

ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND
FINANCIAL DISCLOSURE
None.
ITEM 9A. CONTROLS AND PROCEDURES
Disclosure Controls and Procedures
We maintain disclosure controls and procedures that are designed to ensure that information required to be
disclosed in our periodic reports pursuant to the Securities Exchange Act of 1934, as amended is recorded,
processed, summarized and reported within the time periods specified in the SEC’s rules and forms, and that
such information is accumulated and communicated to our management, including our principal executive
officer and principal financial officer, as appropriate, to allow for timely decisions regarding required financial
disclosures.
We carried out an evaluation, under the supervision and with the participation of our management including
our principal executive officer and principal financial officer, of the effectiveness of the design and operation
of our disclosure controls and procedures pursuant to Exchange Act Rules 13a-15(e) or 15d-15(e) as of the
end of the period covered by this report. Based on this evaluation, our principal executive officer and our
principal financial officer concluded that our disclosure controls and procedures were effective as of the end of
the period covered by this report.
Management’s Report On Internal Control Over Financial Reporting
The Company is responsible for establishing and maintaining adequate internal control over financial
reporting. Our internal control over financial reporting is a process designed under the supervision of our
principal executive officer and our principal financial officer to provide reasonable assurance regarding the
reliability of financial reporting and the preparation of our financial statements for external reporting purposes
in accordance with United States generally accepted accounting principles.
As of December 31, 2009, management conducted an assessment of the effectiveness of our internal control
over financial reporting based on the framework established in Internal Control — Integrated Framework
issued by the Committee of Sponsoring Organizations of the Treadway Commission (COSO). Based on this
assessment, management has determined that our internal control over financial reporting as of December 31,
2009 was effective.
Our internal controls over financial reporting include policies and procedures that pertain to the maintenance
of records that, in reasonable detail, accurately and fairly reflect transactions and dispositions of assets,
provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial
statements in accordance with United States generally accepted accounting principles and that receipts and
expenditures are being made only in accordance with authorizations of the Company’s management and board
and provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or
disposition of our assets that could have a material effect on our financial statements.
There were no changes in the Company’s internal control over financial reporting during the quarter ended
December 31, 2009 that have materially affected, or are reasonably likely to materially affect, the Company’s
internal control over financial reporting.
Our internal control over financial reporting as of December 31, 2009 has been audited by Grant Thornton
LLP, an independent registered public accounting firm, as stated in their report on page 46.
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