Electronic Arts 2008 Annual Report Download - page 182

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
The Board of Directors and Stockholders
Electronic Arts Inc.:
We have audited the accompanying consolidated balance sheets of Electronic Arts Inc. and subsidiaries
(Electronic Arts Inc.) as of March 29, 2008 and March 31, 2007, and the related consolidated statements of
operations, stockholders’ equity and comprehensive income (loss), and cash flows for each of the years in the
three year period ended March 29, 2008. In connection with our audits of the consolidated financial
statements, we have also audited the accompanying financial statement schedule. These consolidated financial
statements and financial statement schedule are the responsibility of Electronic Arts Inc.’s management. Our
responsibility is to express an opinion on these consolidated financial statements based on our audits.
We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board
(United States). Those standards require that we plan and perform the audit to obtain reasonable assurance
about whether the financial statements are free of material misstatement. An audit includes examining, on a
test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes
assessing the accounting principles used and significant estimates made by management, as well as evaluating
the overall financial statement presentation. We believe that our audits provide a reasonable basis for our
opinion.
In our opinion, the consolidated financial statements referred to above present fairly, in all material respects,
the financial position of Electronic Arts Inc. as of March 29, 2008 and March 31, 2007, and the results of
their operations and their cash flows for each of the years in the three-year period ended March 29, 2008, in
conformity with U.S. generally accepted accounting principles. Also in our opinion, the related financial
statement schedule, when considered in relation to the basic consolidated financial statements taken as a
whole, presents fairly, in all material respects, the information set forth therein.
As discussed in notes 10, 12 and 14 to the consolidated financial statements, the Company adopted FASB
Interpretation No. 48 (FIN 48), Accounting for Uncertainty in Income Taxes — an interpretation of FASB
Statement No. 109, effective April 1, 2007 and the provisions of Statement of Financial Accounting Standards
No. 123 (revised 2004), Share-Based Payment, and the Securities and Exchange Commission Staff Accounting
Bulletin No. 108, Considering the Effects of Prior Year Misstatements when Quantifying Misstatements in the
Current Year Financial Statements, effective April 2, 2006.
We also have audited, in accordance with the standards of the Public Company Accounting Oversight Board
(United States), the effectiveness of Electronic Arts Inc.’s internal control over financial reporting as of
March 29, 2008, based on criteria established in Internal Control — Integrated Framework issued by the
Committee of Sponsoring Organizations of the Treadway Commission (COSO), and our report dated May 23,
2008 expressed an unqualified opinion on the effectiveness of Electronic Arts Inc.’s internal control over
financial reporting.
/s/ KPMG LLP
Mountain View, California
May 23, 2008
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