Locate the Home Depot, Inc., 2009 financial statements in Appendix A of this text. Briefly peruse the financial statements and answer the following questions: 1.Identify the titles of each of Home

Locate the Home Depot, Inc., 2009 financial statements in Appendix A of this text. Briefly peruse the financial statements and answer the following questions:

1.Identify the titles of each of Home Depot’s financial statements that provide specific information about economic resources, claims to resources, and changes in resources and claims. (Select all that apply.)

Consolidated Trial Balance

Consolidated Statements of Earnings

Annual Report

Consolidated Statements of Cash Flows

Consolidated Statements of Stockholders’ Equity and Comprehensive Income

Consolidated Balance Sheets

2. Identify other sections from Home Depot’s 2009 financial statements that might be useful to a potential investor or creditor. (Select all that apply.)

Management’s Report on Internal Control over Financial Reporting

Management’s Employee Appraisal Report

10-Year Summary of Financial and Operating Results

Notes to Consolidated Financial Statements

Management’s Responsibility for Financial Statements

Report of Independent Registered Public Accounting Firm

ATTACHMENT PREVIEW

Download attachment

Confirming Pages
APPENDIX A
Home Depot 2009
Financial Statements
A
±Home±Depot±Financial±Statements±Contents±
±Management’s±Responsibility±for±Financial±Statements±
±A1±
±Management’s±Report±on±Internal±Control±over±Financial±Reporting±
±A1±
±Report±of±Independent±Registered±Public±Accounting±Firm±
±A2±
±Consolidated±Statements±of±Earnings±
±A3±
±Consolidated±Balance±Sheets±
±A4±
±Consolidated±Statements±of±Stockholders’±Equity±and±Comprehensive±Income±
±A5±
±Consolidated±Statements±of±Cash±Flows±
±A6±
Notes to Consolidated Financial Statements—Note 1, Summary of Significant
± Accounting±Policies±
±A7–A11±
±10-Year±Summary±of±Financial±and±Operating±Results±
±A12–A13±
wil11048_appA_A-A13.indd
A2
wil11048_appA_A-A13.indd
A2
11/24/10
2:06 PM
11/24/10
2:06 PM

Unlock Solution Unlocking…

Confirming Pages
Item 8.
Financial Statements and Supplementary Data.
Management’s Responsibility for Financial Statements
The financial statements presented in this Annual Report have been prepared with integrity and objectivity and are the
responsibility of the management of The Home Depot, Inc. These financial statements have been prepared in conformity with
U.S. generally accepted accounting principles and properly reflect certain estimates and judgments based upon the best
available information.
The financial statements of the Company have been audited by KPMG LLP, an independent registered public accounting
firm. Their accompanying report is based upon an audit conducted in accordance with the standards of the Public Company
Accounting Oversight Board (United States).
The Audit Committee of the Board of Directors, consisting solely of independent directors, meets five times a year with the
independent registered public accounting firm, the internal auditors and representatives of management to discuss auditing
and financial reporting matters. In addition, a telephonic meeting is held prior to each quarterly earnings release. The Audit
Committee retains the independent registered public accounting firm and regularly reviews the internal accounting controls,
the activities of the independent registered public accounting firm and internal auditors and the financial condition of the
Company. Both the Company’s independent registered public accounting firm and the internal auditors have free access to the
Audit Committee.
Management’s Report on Internal Control over Financial Reporting
Our management is responsible for establishing and maintaining adequate internal control over financial reporting, as such
term is defined in Rule 13a-15(f ) promulgated under the Securities Exchange Act of 1934, as amended (the “Exchange Act”).
Under the supervision and with the participation of our management, including our Chief Executive Officer and Chief
Financial Officer, we conducted an evaluation of the effectiveness of our internal control over financial reporting as of
January 31, 2010 based on the framework in
Internal Control
±
Integrated Framework
issued by the Committee of
Sponsoring Organizations of the Treadway Commission (COSO). Based on our evaluation, our management concluded that
our internal control over financial reporting was effective as of January 31, 2010 in providing reasonable assurance regarding
the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with U.S.
generally accepted accounting principles. The effectiveness of our internal control over financial reporting as of January 31,
2010 has been audited by KPMG LLP, an independent registered public accounting firm, as stated in their report which is
included on page 30 in this Form 10-K.
/s/
F
RANCIS
S. B
LAKE
/s/
C
AROL
B. T
OMÉ
Francis S. Blake
Chairman &
Chief Executive Officer
Carol B. Tomé
Chief Financial Officer &
Executive Vice President – Corporate Services
Appendix A
Home Depot 2009 Financial Statements
A-1
wil11048_appA_A-A13.indd
A-1
wil11048_appA_A-A13.indd
A-1
11/24/10
2:06 PM
11/24/10
2:06 PM

Show entire document

Leave a Comment