Cousins Properties Incorporated 2006 Annual Report - SNL Financial

Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure
Not applicable.
Item 9A. Controls and Procedures
We maintain disclosure controls and procedures that are designed to ensure that information required to be
disclosed in our Exchange Act reports is recorded, processed, summarized and reported within the time periods
specified in the SEC’s rules and forms, and that such information is accumulated and communicated to management,
including the Chief Executive Officer and Chief Financial Officer, as appropriate, to allow timely decisions
regarding required disclosure. Management necessarily applied its judgment in assessing the costs and benefits of
such controls and procedures, which, by their nature, can provide only reasonable assurance regarding management’s
control objectives. We also have investments in certain unconsolidated entities. As we do not always control
or manage these entities, our disclosure controls and procedures with respect to such entities are necessarily more
limited than those we maintain with respect to our consolidated subsidiaries.
As of the end of the period covered by this annual report, we carried out an evaluation, under the supervision
and with the participation of management, including the Chief Executive Officer along with the Chief Financial
Officer, of the effectiveness, design and operation of our disclosure controls and procedures pursuant to Exchange
Act Rules 13a-15(b) and 15d-15(b). Based upon the foregoing, the Chief Executive Officer along with the Chief
Financial Officer concluded that our disclosure controls and procedures are effective at providing reasonable
assurance that all material information required to be included in our Exchange Act reports is reported in a timely
manner. In addition, based on such evaluation we have identified no changes in our internal control over financial
reporting that occurred during the most recent fiscal quarter that have materially affected, or are reasonably likely to
materially affect, our internal control over financial reporting.
Report of Management on Internal Control Over Financial Reporting
Management of the Company is responsible for establishing and maintaining adequate internal control over
financial reporting, as such term is defined in Exchange Act Rule 13a-15(f). Internal control over financial
reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and
the preparation of financial statements for external reporting purposes in accordance with accounting principles
generally accepted in the United States. Internal control over financial reporting includes those policies and
procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the
transactions and dispositions of our assets; (2) provide reasonable assurance that transactions are recorded as
necessary to permit preparation of financial statements in accordance with accounting principles generally accepted
in the United States and that our receipts and expenditures are being made only in accordance with authorizations of
our management and directors; and (3) provide reasonable assurance regarding prevention or timely detection of
unauthorized acquisition, use or disposition of our assets that could have a material effect on the financial
statements.
Management, under the supervision of and with the participation of the Chief Executive Officer and the Chief
Financial Officer, assessed the effectiveness of our internal control over financial reporting as of December 31,
2006. The framework on which the assessment was based is described in “Internal Control — Integrated Framework”
issued by the Committee of Sponsoring Organizations of the Treadway Commission. Based on this
assessment, we concluded that we maintained effective internal control over financial reporting as of December 31,
2006.
Management’s assessment of the effectiveness of our internal control over financial reporting has been audited
by Deloitte & Touche LLP, an independent registered public accounting firm, as stated in their report.
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