01—Abstract
Summary
Summary of the 10-K/A filed June 24, 2005. Cited figures are marked; the original filing is the authoritative source.
This filing is an amendment (10-K/A) to DTE Energy Company's (DTE) 2004 Form 10-K, specifically addressing Item 9A concerning disclosure controls and procedures.
The primary purpose of this amendment is to rephrase the language related to the effectiveness of the company's disclosure controls and procedures as of December 31, 2004. Management, with the participation of the CEO and CFO, has concluded that these controls and procedures are effective in ensuring timely and accurate disclosure of required information to the SEC. New certifications from the principal executive and financial officers are also being filed as exhibits.
02—Key points
Key Highlights
- Amendment filed to clarify and rephrase the company's disclosure controls and procedures as of December 31, 2004.
- Management, including the CEO and CFO, has affirmed the effectiveness of disclosure controls and procedures.
- Internal control over financial reporting was also assessed as effective based on COSO criteria as of December 31, 2004.
- The amendment includes new CEO and CFO certifications as required by SEC rules.
- No material changes to internal control over financial reporting occurred during the fourth quarter of 2004.
- The company acknowledges inherent limitations in all control systems, providing reasonable assurance rather than absolute assurance.
03—Questions
Frequently Asked Questions
What is the primary reason for filing this amended 10-K?
This amended Form 10-K/A is filed to rephrase and clarify the language regarding the effectiveness of DTE Energy Company's disclosure controls and procedures as of December 31, 2004. It also includes updated certifications from the CEO and CFO.
What is the status of DTE Energy's disclosure controls and procedures?
As of December 31, 2004, DTE Energy's management, including the CEO and CFO, concluded that its disclosure controls and procedures are effective. These controls are designed to ensure that required information is recorded, processed, summarized, and reported within the specified SEC timeframes.
Has there been any change in DTE Energy's internal control over financial reporting?
According to the filing, there have been no changes in DTE Energy's internal control over financial reporting during the fourth quarter of 2004 that have materially affected, or are reasonably likely to materially affect, its internal control over financial reporting. Management believes that while improvements are ongoing, no areas requiring further improvement constitute a material weakness.
What criteria were used to assess internal control over financial reporting?
DTE Energy's management assessed the effectiveness of its internal control over financial reporting as of December 31, 2004, using the criteria set forth by the Committee of Sponsoring Organizations of the Treadway Commission (COSO) in its 'Internal Control—Integrated Framework'.
04—Continue