Symantec 2001 Annual Report Download - page 56

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symantec 2001__54
Report of Ernst & Young LLP, Independent Auditors
The Board of Directors and Stockholders
Symantec Corporation
We have audited the accompanying consolidated balance sheets of
Symantec Corporation as of March 31, 2001 and 2000, and the related
consolidated statements of income, stockholders’equity, and cash flows
for each of the three years in the period ended March 31, 2001. These
financial statements are the responsibility of the Company’s
manage-
ment. Our responsibility is to express an opinion on these
consolidated financial statements based on our audits.
We conducted our audits in accordance with auditing standards gener-
ally accepted in the 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 financial statements referred to above present fairly,
in all material respects, the consolidated financial position of Symantec
Corporation at March 31, 2001 and 2000, and the consolidated results
of its operations and its cash flows for each of the three years in
the period ended March 31, 2001, in conformity with accounting
principles generally accepted in the United States.
San Jose, California
April 24, 2001