Charter 2004 Annual Report Download - page 77

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CHARTER COMMUNICATIONS, INC. 2004 FORM 10-K
ITEM 9A. CONTROLS AND PROCEDURES.
CONCLUSION REGARDING THE EFFECTIVENESS OF DISCLOSURE CONTROLS required to apply its judgment in evaluating the cost-benefit
AND PROCEDURES relationship of possible controls and procedures. Based upon the
above evaluation, Charter’s management believes that its con-
As of the end of the period covered by this report, management, trols do provide such reasonable assurance.
including our Interim Chief Executive Officer and Interim Co-
Chief Financial Officers, evaluated the effectiveness of the design MANAGEMENT’S REPORT ON INTERNAL CONTROL OVER FINANCIAL
and operation of our disclosure controls and procedures with REPORTING
respect to the information generated for use in this annual
Charter’s management is responsible for establishing and main-
report. The evaluation was based in part upon reports and
taining adequate internal control over financial reporting (as
affidavits provided by a number of executives. Based upon, and
defined in Rule 13a-15(f) under the Securities Exchange Act of
as of the date of that evaluation, our Interim Chief Executive
1934, as amended). Our internal control system was designed to
Officer and Interim Co-Chief Financial Officers concluded that
provide reasonable assurance to Charter’s management and
the disclosure controls and procedures were effective to provide
board of directors regarding the preparation and fair presenta-
reasonable assurances that information required to be disclosed
tion of published financial statements.
in the reports we file or submit under the Securities Exchange
Charter’s management has assessed the effectiveness of our
Act of 1934 is recorded, processed, summarized and reported
internal control over financial reporting as of December 31,
within the time periods specified in the Commission’s rules and
2004. In making this assessment, we used the criteria set forth
forms.
by the Committee of Sponsoring Organizations of the Treadway
There was no change in our internal control over financial
Commission (COSO) in Internal Control — Integrated Framework.
reporting during 2004 that has materially affected, or is
Based on management’s assessment utilizing these criteria we
reasonably likely to materially affect, our internal control over
believe that, as of December 31, 2004, our internal control over
financial reporting.
financial reporting was effective.
In designing and evaluating the disclosure controls and
Our independent auditors, KPMG, LLP have audited
procedures, our management recognized that any controls and
management’s assessment of our internal control over financial
procedures, no matter how well designed and operated, can
reporting as stated in their report on page F-3.
provide only reasonable, not absolute, assurance of achieving the
desired control objectives and management necessarily was
ITEM 9B. OTHER INFORMATION.
None.
67