Charter 2006 Annual Report Download - page 71

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CHARTER COMMUNICATIONS, INC. 2006 FORM 10-K
ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA.
Our consolidated financial statements, the related notes thereto, and the reports of independent auditors are included in this annual
report beginning on page F-1.
ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL
DISCLOSURE.
None.
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 provide such reasonable assurances.
including our Chief Executive Officer and Chief Financial
Officer, evaluated the effectiveness of the design and operation MANAGEMENT’S REPORT ON INTERNAL CONTROL OVER FINANCIAL
of our disclosure controls and procedures with respect to the REPORTING
information generated for use in this annual report. The
Charter’s management is responsible for establishing and main-
evaluation was based in part upon reports and affidavits
taining adequate internal control over financial reporting (as
provided by a number of executives. Based upon, and as of the
defined in Rule 13a-15(f) under the Exchange Act). Our internal
date of that evaluation, our Chief Executive Officer and Chief
control system was designed to provide reasonable assurance to
Financial Officer concluded that the disclosure controls and
Charter’s management and board of directors regarding the
procedures were effective to provide reasonable assurances that
preparation and fair presentation of published financial
information required to be disclosed in the reports we file or
statements.
submit under the Exchange Act is recorded, processed, summa-
Charter’s management has assessed the effectiveness of our
rized and reported within the time periods specified in the
internal control over financial reporting as of December 31,
Commission’s rules and forms.
2006. In making this assessment, we used the criteria set forth
There was no change in our internal control over financial
by the Committee of Sponsoring Organizations of the Treadway
reporting during the fourth quarter of 2006 that has materially
Commission (‘‘COSO’’) in Internal Control — Integrated Framework.
affected, or is reasonably likely to materially affect, our internal
Based on management’s assessment utilizing these criteria we
control over financial reporting.
believe that, as of December 31, 2006, our internal control over
In designing and evaluating the disclosure controls and
financial reporting were effective.
procedures, our management recognized that any controls and
Our independent auditors, KPMG, LLP have audited
procedures, no matter how well designed and operated, can
management’s assessment of our internal control over financial
provide only reasonable, not absolute, assurance of achieving the
reporting as stated in their report on page F-3.
desired control objectives, and management necessarily was
ITEM 9B. OTHER INFORMATION.
None.
57