What Is Report Of Independent Registered Public Accounting Firm
The Lath of Directors and Stockholders of Whirlpool Corporation
Nosotros accept audited, in accordance with the standards of the Public Company Bookkeeping Oversight Board (U.s.), the consolidated remainder sheets of Whirlpool Corporation at December 31, 2016 and 2015 and the related consolidated statements of income, comprehensive income, stockholders' disinterestedness and cash flows for each of the 3 years in the period ended Dec 31, 2016 and in our report dated Feb 13, 2017, we expressed an unqualified stance on those consolidated financial statements. In our stance, the data set forth in the accompanying fiscal statements as of Dec 31, 2016 and 2015 and for each of the three years in the period ended December 31, 2016 (presented on pages 45 through 49) is fairly stated, in all material respects, in relation to the consolidated financial statements from which it has been derived.
We also accept audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States), the effectiveness of Whirlpool Corporation's internal command over financial reporting equally of December 31, 2016, based on criteria established in Internal Control—Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission (2013 framework), and our report dated February thirteen, 2017 expressed an unqualified stance thereon.
Chicago, Illinois
Feb xiii, 2017
The Board of Directors and Stockholders of Whirlpool Corporation
We have audited Whirlpool Corporation's internal control over financial reporting as of Dec 31, 2016, based on criteria established in Internal Control—Integrated Framework (2013 Framework) issued by the Committee of Sponsoring Organizations of the Treadway Committee (the COSO criteria). Whirlpool Corporation'southward management is responsible for maintaining effective internal control over fiscal reporting, and for its cess of the effectiveness of internal control over financial reporting included in the accompanying Direction's Report on Internal Control Over Financial Reporting. Our responsibility is to limited an opinion on the company's internal control over financial reporting based on our audit.
We conducted our audit in accord with the standards of the Public Company Accounting Oversight Lath (U.s.a.). Those standards crave that we plan and perform the audit to obtain reasonable assurance about whether effective internal control over financial reporting was maintained in all fabric respects. Our audit included obtaining an agreement of internal control over financial reporting, assessing the risk that a material weakness exists, testing and evaluating the design and operating effectiveness of internal control based on the assessed chance, and performing such other procedures as nosotros considered necessary in the circumstances. We believe that our audit provides a reasonable basis for our opinion.
A company's internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the grooming of financial statements for external purposes in accordance with generally accepted accounting principles. A company's internal command over financial reporting includes those policies and procedures that (ane) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (two) provide reasonable assurance that transactions are recorded as necessary to allow preparation of fiscal statements in accordance with generally accustomed accounting principles, and that receipts and expenditures of the company are existence made only in accord with authorizations of management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, utilise or disposition of the company's assets that could have a textile effect on the fiscal statements.
Because of its inherent limitations, internal control over financial reporting may not forbid or detect misstatements. Likewise, projections of any evaluation of effectiveness to future periods are subject to the take a chance that controls may get inadequate considering of changes in atmospheric condition, or that the degree of compliance with the policies or procedures may deteriorate.
In our opinion, Whirlpool Corporation maintained, in all material respects, effective internal control over financial reporting as of December 31, 2016, based on the COSO criteria.
Nosotros also have audited, in accordance with the standards of the Public Visitor Accounting Oversight Lath (United States), the consolidated balance sheets of Whirlpool Corporation as of Dec 31, 2016 and 2015, and the related consolidated statements of income, comprehensive income, stockholders' equity, and cash flows for each of the three years in the menses ended Dec 31, 2016, and our written report dated February xiii, 2017 expressed an unqualified stance thereon.
Chicago, Illinois
February 13, 2017
What Is Report Of Independent Registered Public Accounting Firm,
Source: http://www.whirlpoolcorp.com/2016Annual/report-of-independent-registered-public-accounting-firm.html
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