Attached.

Barnes & Noble Financial Reporting- Outline
Thesis The administration of Barnes & Noble is accountable for the establishment and
maintenance of suitable internal control organization over fiscal reporting. The firm takes into
account various activities in this endeavor, including the safeguarding of assets against any
unauthorized acquisitions, disposal, or use.
The paper analyzes the case as follows:
I.
II.

Management's Report on Internal Control over Financial Reporting
The Independent Registered Public Accounting Firm's Report on Internal Control over
Financial Reporting

III.

The Independent Registered Public Accounting Firm's Report on the Financial
Statements

IV.

Financial Statement Reports


Running head: BARNES & NOBLE FINANCIAL REPORTING

Barnes & Noble Financial Reporting
Name
Institution

1

BARNES & NOBLE FINANCIAL REPORTING
Barnes & Noble Financial Reporting
Management's Report on Internal Control over Financial Reporting
The administration of Barnes & Noble is accountable for the establishment and
maintenance of suitable internal control organization over fiscal reporting. The firm takes into
account various activities in this endeavor, including the safeguarding of assets against any
unauthorized acquisitions, disposal, or use. The internal control standards put in place by the
company seeks to offer rational assertion to the administration as well as the board of executives
of the firm regarding the preparation of reliable published financial reports as well as the
safeguarding of corporate assets. The structure of in-house controls at Barnes & Noble is
supported by the establishment of policies and procedures, as well as self-monitoring
mechanisms supported by the internal audit function of the concern.
The organization of the company ensures the proper functioning of internal controls by
taking active measures to correct any deficiencies that may arise in the systems put in place. It is
worth noting that the internal control systems possess inherent limitations, including the
possibility that such policies could be circumvented, the controls are overridden. The
management, therefore, offers sensible guarantee regarding the dependability of the economic
statements and the preparation process.
The administration of Barnes & Noble is accountable fo...