Cabela's 2011 Annual Report Download - page 119

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109
ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND
FINANCIAL DISCLOSURE
None.
ITEM 9A. CONTROLS AND PROCEDURES
We maintain disclosure controls and procedures (as defined in Rule 13a-15(e) under the Securities Exchange
Act of 1934, as amended (the “Exchange Act”)), designed to ensure that information required to be disclosed in
reports filed under the Exchange Act is recorded, processed, summarized, and reported within specified time
periods. Disclosure controls and procedures include, without limitation, controls and procedures designed to
ensure that information required to be disclosed by us in the reports that we file or submit under the Exchange
Act is accumulated and communicated to management, including our Chief Executive Officer and Chief Financial
Officer, or persons performing similar functions, as appropriate to allow timely decisions regarding required
disclosure.
In connection with this annual report on Form 10-K, our Chief Executive Officer and Chief Financial Officer
evaluated, with the participation of our management, the effectiveness of our disclosure controls and procedures
as of the end of the period covered by this report. Based on management’s evaluation, our Chief Executive Officer
and Chief Financial Officer each concluded that our disclosure controls and procedures were effective as of
December 31, 2011.
Management’s Report on Internal Control Over Financial Reporting
Our management is responsible for establishing and maintaining adequate internal control over financial
reporting for the Company. Internal control over financial reporting is a process to provide reasonable assurance
regarding the reliability of our financial reporting for external purposes in accordance with accounting principles
generally accepted in the United States of America.
With the participation of our Chief Executive Officer and our Chief Financial Officer, management evaluated
the effectiveness of our internal control over financial reporting as of December 31, 2011, based on the criteria
established in Internal Control – Integrated Framework issued by the Committee of Sponsoring Organizations
of the Treadway Commission. Based on this evaluation, management concluded that our internal control over
financial reporting was effective as of December 31, 2011.
The independent registered public accounting firm of Deloitte & Touche LLP, as auditors of our consolidated
financial statements included in this annual report on Form 10-K, has issued an attestation report on the
effectiveness of our internal control over financial reporting based on the criteria established in Internal Control—
Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission. Their
report is included in this Item 9A.
Changes in Internal Control Over Financial Reporting
There were no changes in our internal control over financial reporting that occurred during the quarter ended
December 31, 2011, that materially affected, or are reasonably likely to materially affect, our internal control over
financial reporting.