Financial Information
MANAGEMENT’S REPORT
These financial statements form the basis for all of the financial information that appears in this report. The financial statements and all the information in this report are the responsibility of the management of AlarmForce Industries Inc. and have been reviewed and approved by the Board of Directors. The Board of Directors is responsible for ensuring that management fulfills its financial reporting responsibilities. Kraft, Berger, Grill, Schwartz, Cohen & March LLP, the shareholders’ auditors have audited the financial statements.
Management has prepared the financial statements according to Canadian generally accepted accounting principles. Under these principles, management has made certain estimates and assumptions that are reflected in the financial statements and notes. Management believes that these financial statements fairly present AlarmForce Industries Inc. consolidated financial position, results of operation and cash flows.
In order to ensure the accuracy and objectivity of information included in the financial statements, management has designed and implemented a system of internal controls designed to provide reasonable assurance that the financial statements are accurate and complete in all material respects. Management is of the opinion that these internal controls provide reasonable assurance regarding complete and accurate maintenance of accounting records necessary for the preparation of the financial statements.
The Board of Directors exercises it responsibility over the financial statements through the Company’s Audit Committee. The audit committee reviews the financial statements and recommends their approval to the Board of Directors.
Anthony Pizzonia
Chief Financial Officer
President & Chief Executive Officer
January 21, 2006
