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2007 Annual Report - AIG.com

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American International Group, Inc. and Subsidiaries<br />

Part II – Other Information Continued<br />

accounting, is necessary. Over time, <strong>AIG</strong> intends to reduce its<br />

reliance on certain manual controls that have been established.<br />

<strong>AIG</strong> is currently developing new systems and processes which will<br />

allow it to rely on front-end preventive and detective controls<br />

which will be more sustainable over the long term. To ac<strong>com</strong>plish<br />

its goals, <strong>AIG</strong> recognizes its need to continue strengthening and<br />

investing in financial personnel, systems and processes. <strong>AIG</strong> is<br />

<strong>com</strong>mitted to continuing the significant investments over the next<br />

several years necessary to make these improvements.<br />

Changes in Internal Control over Financial <strong>Report</strong>ing<br />

Changes in <strong>AIG</strong>’s internal control over financial reporting during<br />

the quarter ended December 31, <strong>2007</strong> that have materially<br />

affected, or are reasonably likely to materially affect, <strong>AIG</strong>’s<br />

internal control over financial reporting have been described<br />

above.<br />

Item 9B.<br />

Other Information<br />

None.<br />

204 <strong>AIG</strong> <strong>2007</strong> Form 10-K

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