Symantec 2009 Annual Report Download - page 115

regarding required disclosure. Our Chief Executive Officer and our Chief Financial Officer have concluded, based
on an evaluation of the effectiveness of our disclosure controls and procedures (as defined in Rules 13a-15(e) and
15d-15(e) of the Exchange Act) by our management, with the participation of our Chief Executive Officer and our
Chief Financial Officer, that our disclosure controls and procedures were effective as of the end of the period
covered by this report.
(b) Management’s Report on Internal Control over Financial Reporting
Our management is responsible for establishing and maintaining adequate internal control over financial
reporting (as defined in Rules 13a-15(f) and 15d-15(f) of the Exchange Act) for Symantec. Our management, with
the participation of our Chief Executive Officer and our Chief Financial Officer, has conducted an evaluation of the
effectiveness of our internal control over financial reporting as of April 3, 2009, based on criteria established in
Internal Control — Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway
Commission (“COSO”). We have excluded from our evaluation, the internal control over financial reporting of
(a) PC Tools Pty. Ltd. and subsidiaries, which we acquired on October 6, 2008, and is included in the fiscal 2009
consolidated financial statements of Symantec and constituted $310.5 million of total assets (of which
$273.0 million represents goodwill and intangible assets included within the scope of the assessment), as of
April 3, 2009, and $13.9 million of revenue, for the year then ended and (b) MessageLabs Group Limited and
subsidiaries, which we acquired on November 14, 2008, and is included in the fiscal year 2009 consolidated
financial statements of Symantec and constituted $715.1 million of total assets (of which $640.1 million represents
goodwill and intangible assets included within the scope of the assessment), as of April 3, 2009 and $37.8 million of
revenues, for the year then ended.
Our management has concluded that, as of April 3, 2009, our internal control over financial reporting was
effective based on these criteria.
The Company’s independent registered public accounting firm has issued an attestation report regarding its
assessment of the Company’s internal control over financial reporting as of April 3, 2009, which is included in
Part IV, Item 15 of this annual report.
(c) Changes in Internal Control over Financial Reporting
There were no changes in our internal control over financial reporting during the quarter ended April 3, 2009
that have materially affected, or are reasonably likely to materially affect, our internal control over financial
reporting.
(d) Limitations on Effectiveness of Controls
Our management, including our Chief Executive Officer and Chief Financial Officer, does not expect that our
disclosure controls and procedures or our internal controls will prevent all errors and all fraud. A control system, no
matter how well conceived and operated, can provide only reasonable, not absolute, assurance that the objectives of
the control system are met. Further, the design of a control system must reflect the fact that there are resource
constraints, and the benefits of controls must be considered relative to their costs. Because of the inherent
limitations in all control systems, no evaluation of controls can provide absolute assurance that all control issues and
instances of fraud, if any, within our Company have been detected.
Item 9B. Other Information
None
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