Honeywell 2014 Annual Report Download - page 90

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Item 9. Changes in and Disagreements with Accountants on Accounting and
Financial Disclosure
Not Applicable.
Item 9A. Controls and Procedures
Honeywell management maintains disclosure controls and procedures designed to provide
reasonable assurance that information required to be disclosed in reports filed under the Securities
Exchange Act of 1934, as amended (Exchange Act) is recorded, processed, summarized and reported
within the specified time periods and accumulated and communicated to our management, including
our principal executive officer and principal financial officer, as appropriate to allow timely decisions
regarding required disclosure.
Our management, with the participation of our CEO and CFO, evaluated the effectiveness of our
disclosure controls and procedures (as defined in Rules 13a-15(e) or 15d-15(e) promulgated under the
Exchange Act) at December 31, 2014. Based on these evaluations, our CEO and CFO concluded that
our disclosure controls and procedures required by paragraph (b) of Rules 13a-15 or 15d-15 were
effective as of December 31, 2014.
Management’s Report on Internal Control Over Financial Reporting
Honeywell management is responsible for establishing and maintaining adequate internal control
over financial reporting and for its assessment of the effectiveness of internal control over financial
reporting as defined in Rules 13a-15(f) and 15d-15(f) under the Securities Exchange Act of 1934.
Honeywell’s internal control over financial reporting is a process designed to provide reasonable
assurance to our management and board of directors regarding the reliability of financial reporting and
the preparation of financial statements for external purposes in accordance with generally accepted
accounting principles.
Because of its inherent limitations, internal control over financial reporting may not prevent or
detect misstatements.
Management assessed the effectiveness of Honeywell’s internal control over financial reporting as
of December 31, 2014. In making this assessment, management used the criteria set forth by the
Committee of Sponsoring Organizations of the Treadway Commission (COSO) in Internal Control—
Integrated Framework (2013).
Based on this assessment, management determined that Honeywell maintained effective internal
control over financial reporting as of December 31, 2014.
The effectiveness of Honeywell’s internal control over financial reporting as of December 31, 2014
has been audited by PricewaterhouseCoopers LLP, an independent registered public accounting firm,
as stated in their report which is included in Item 8. Financial Statements and Supplementary Data.
Item 9B. Other Information
Not Applicable.
Item 10. Directors and Executive Officers of the Registrant
Information relating to the Directors of Honeywell, as well as information relating to compliance
with Section 16(a) of the Securities Exchange Act of 1934, will be contained in our definitive Proxy
Statement involving the election of the Directors, which will be filed with the SEC pursuant to
Regulation 14A not later than 120 days after December 31, 2014, and such information is incorporated
herein by reference. Certain other information relating to the Executive Officers of Honeywell appears
in Part I of this Annual Report on Form 10-K under the heading “Executive Officers of the Registrant”.
The members of the Audit Committee of our Board of Directors are: George Paz (Chair), Kevin
Burke, D. Scott Davis, Linnet Deily, Judd Gregg and Robin L. Washington. The Board has determined
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