AYI » Topics » MANAGEMENTS REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING

These excerpts taken from the AYI 10-K filed Oct 27, 2008.

MANAGEMENT’S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING

ACUITY BRANDS, INC.

The management of Acuity Brands, Inc. is responsible for establishing and maintaining adequate internal control over financial reporting. Internal control over financial reporting is defined in Rule 13a-15(f) and 15d-15(f) promulgated under the Securities Exchange Act of 1934. Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.

The Company’s management assessed the effectiveness of the Company’s internal control over financial reporting as of August 31, 2008. In making this assessment, the Company’s management used the criteria set forth by the Committee of Sponsoring Organizations of the Treadway Commission (“COSO”) in Internal Control-Integrated Framework. Based on this assessment, management believes that, as of August 31, 2008, the Company’s internal control over financial reporting is effective.

The Company’s independent registered public accounting firm has issued an audit report on this assessment of the Company’s internal control over financial reporting. This report dated October 24, 2008 appears on page 39 of this Form 10-K.

 

/s/    VERNON J. NAGEL        

  

/s/    RICHARD K. REECE        

Vernon J. Nagel    Richard K. Reece

Chairman, President, and

Chief Executive Officer

  

Executive Vice President and

Chief Financial Officer

 

37


Table of Contents
Index to Financial Statements

MANAGEMENT’S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING

STYLE="margin-top:6px;margin-bottom:0px" ALIGN="center">ACUITY BRANDS, INC.

The management of Acuity Brands, Inc. is responsible
for establishing and maintaining adequate internal control over financial reporting. Internal control over financial reporting is defined in Rule 13a-15(f) and 15d-15(f) promulgated under the Securities Exchange Act of 1934. Because of its inherent
limitations, internal control over financial reporting may not prevent or detect misstatements. Projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in
conditions, or that the degree of compliance with the policies or procedures may deteriorate.

The Company’s management assessed the effectiveness of the
Company’s internal control over financial reporting as of August 31, 2008. In making this assessment, the Company’s management used the criteria set forth by the Committee of Sponsoring Organizations of the Treadway Commission
(“COSO”) in Internal Control-Integrated Framework. Based on this assessment, management believes that, as of August 31, 2008, the Company’s internal control over financial reporting is effective.

STYLE="margin-top:12px;margin-bottom:0px">The Company’s independent registered public accounting firm has issued an audit report on this assessment of the Company’s internal control over financial reporting.
This report dated October 24, 2008 appears on page 39 of this Form 10-K.

 























/s/    VERNON J.
NAGEL        

  

/s/    RICHARD K.
REECE        

Vernon J. Nagel  Richard K. Reece

Chairman, President, and

SIZE="1">Chief Executive Officer

  

Executive Vice President and

SIZE="1">Chief Financial Officer

 


37







Table of Contents


Index to Financial Statements


This excerpt taken from the AYI 10-K filed Oct 30, 2007.

MANAGEMENT’S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING

ACUITY BRANDS, INC.

The management of Acuity Brands, Inc. is responsible for establishing and maintaining adequate internal control over financial reporting. Internal control over financial reporting is defined in Rule 13a-15(f) and 15d-15(f) promulgated under the Securities Exchange Act of 1934. Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.

The Company’s management assessed the effectiveness of the Company’s internal control over financial reporting as of August 31, 2007. In making this assessment, the Company’s management used the criteria set forth by the Committee of Sponsoring Organizations of the Treadway Commission (“COSO”) in Internal Control-Integrated Framework. Based on this assessment, management believes that, as of August 31, 2007, the Company’s internal control over financial reporting is effective.

The Company’s independent registered public accounting firm has issued an audit report on this assessment of the Company’s internal control over financial reporting. This report dated October 25, 2007 appears on page 48 of this Form 10-K.

 

  /s/ Vernon J. Nagel       /s/ Richard K. Reece
  Vernon J. Nagel       Richard K. Reece
 

Chairman, President, and
Chief Executive Officer

     

Executive Vice President and
Chief Financial Officer

 

46


Table of Contents
Index to Financial Statements
This excerpt taken from the AYI 10-K filed Nov 2, 2006.

MANAGEMENT’S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING

ACUITY BRANDS, INC.

The management of Acuity Brands, Inc. is responsible for establishing and maintaining adequate internal control over financial reporting. Internal control over financial reporting is defined in Rule 13a-15(f) and 15d-15(f) promulgated under the Securities Exchange Act of 1934. Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.

The Company’s management assessed the effectiveness of the Company’s internal control over financial reporting as of August 31, 2006. In making this assessment, the Company’s management used the criteria set forth by the Committee of Sponsoring Organizations of the Treadway Commission (“COSO”) in Internal Control-Integrated Framework. Based on this assessment, management believes that, as of August 31, 2006, the Company’s internal control over financial reporting is effective.

The Company’s independent registered public accounting firm has issued an audit report on this assessment of the Company’s internal control over financial reporting. This report dated October 27, 2006 appears on page 32 of this Form 10-K.

 

  /s/ Vernon J. Nagel     /s/ Richard K. Reece
  Vernon J. Nagel     Richard K. Reece
 

Chairman, President, and
Chief Executive Officer

   

Executive Vice President and Chief Financial Officer

 

33


Table of Contents
Index to Financial Statements
This excerpt taken from the AYI 10-K filed Nov 1, 2005.

MANAGEMENT’S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING

 

ACUITY BRANDS, INC.

 

The management of Acuity Brands, Inc. is responsible for establishing and maintaining adequate internal control over financial reporting. Internal control over financial reporting is defined in Rule 13a-15(f) and 15d-15(f) promulgated under the Securities Exchange Act of 1934. Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.

 

The Company’s management assessed the effectiveness of the Company’s internal control over financial reporting as of August 31, 2005. In making this assessment, the Company’s management used the criteria set forth by the Committee of Sponsoring Organizations of the Treadway Commission (“COSO”) in Internal Control-Integrated Framework. Based on this assessment, management believes that, as of August 31, 2005, the Company’s internal control over financial reporting is effective.

 

The Company’s independent registered public accounting firm has issued an audit report on this assessment of the Company’s internal control over financial reporting. This report dated October 25, 2005 appears on page 32 of this Form 10-K.

 

    /s/ Vernon J. Nagel       /s/ Karen J. Holcom
    Vernon J. Nagel       Karen J. Holcom
   

Chairman, President, and
Chief Executive Officer

     

Vice President, Controller, and
Interim Chief Financial Officer

 

30


Table of Contents
Index to Financial Statements
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