10-K - SCANA Corporation

Table of Contents
ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL
DISCLOSURE
Not Applicable.
ITEM 9A. CONTROLS AND PROCEDURES
SCANA:
Evaluation of Disclosure Controls and Procedures:
As of December 31, 2011, an evaluation was performed under the supervision and with the participation of SCANA’s
management, including the CEO and CFO, of the effectiveness of the design and operation of SCANA’s disclosure controls and
procedures. For purposes of this evaluation, disclosure controls and procedures include, without limitation, controls and procedures
designed to ensure that information required to be disclosed by SCANA in the reports that it files or submits under the Securities
Exchange Act of 1934 is accumulated and communicated to SCANA’s management, including the CEO and CFO, as appropriate to
allow timely discussions regarding required disclosure. Based on that evaluation, SCANA’s management, including the CEO and
CFO, concluded that SCANA’s disclosure controls and procedures were effective as of December 31, 2011. There has been no change
in SCANA’s internal controls over financial reporting during the quarter ended December 31, 2011 that has materially affected or is
reasonably likely to materially affect SCANA’s internal control over financial reporting.
Management’s Evaluation of Internal Control Over Financial Reporting:
Pursuant to Section 404 of the Sarbanes-Oxley Act of 2002, management is required to include in this Form 10-K an internal
control report wherein management states its responsibility for establishing and maintaining adequate internal control structure and
procedures for financial reporting and that it has assessed, as of December 31, 2011, the effectiveness of such structure and
procedures. This management report follows.
MANAGEMENT REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING
The management of SCANA is responsible for establishing and maintaining adequate internal control over financial
reporting. SCANA’s internal control system was designed by or under the supervision of SCANA’s management, including the CEO
and CFO, to provide reasonable assurance to SCANA’s management and board of directors regarding the reliability of financial
reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting
principles.
All internal control systems, no matter how well designed, have inherent limitations. Therefore, even those systems
determined to be effective can provide only reasonable assurance with respect to financial statement preparation and presentation.
Also, the effectiveness of the internal control over financial reporting may deteriorate in future periods due to either changes in
conditions or declining levels of compliance with policies or procedures.
SCANA’s management assessed the effectiveness of SCANA’s internal control over financial reporting as of December 31,
2011. In making this assessment, SCANA used the criteria set forth by the Committee of Sponsoring Organizations of the Treadway
Commission (COSO) in Internal Control—Integrated Framework. Based on this assessment, SCANA’s management believes that, as
of December 31, 2011, internal control over financial reporting is effective based on those criteria.
SCANA’s independent registered public accounting firm has issued an attestation report on SCANA’s internal control over
financial reporting. This report follows.
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