Reference no: EM131267121
Rowe Price Group, IncWe have audited the accompanying consolidated balance sheets of T. Rowe Price Group, Inc and subsidiaries (the Company) as of December 31, 2010 and 2009, and the related consolidated statements of income, stockholders' equity, and cash flows for each of the years in the three year period ended December 31, 2010. these consolidated financial statements are the responsibility of the Companys' management. Our responsibility is to express an opinion on these consolidated financial statements based on our audits. We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also inclues assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our auditsprovide a reasonable basis for our opinion. In our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the financial position of T. Rowe Price Group, Inc and subsidiaries as of December 31, 2010 and 2009 and the results of their cash flows for each of the years in the three year period ended December 31, 2010, in conformity with U.S. generally accepted accounting principles. We also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States), the Company's internal control over financial reporting as of December 31, 2010 based on criteria established in Internal Control - Integrated Framework issued by the Committee of Sponsoring Orgainzations of the Treadway Commission (COSO) and our report dated February 8, 2011, expressed an unqualified opinion on the effectiveness of the Company's internal control over financial reporting.Exhibit 2-6Report of Independent Registered Pubilc Accounting FirmThe Board of Directors and StockholdersT. Rowe Price Group, IncWe have audited T. Rowe Price Group, Inc and subsidiaries (the company) internal control over financial reporting as of December 31, 2010, based on criteria established in Internal Control-Inegrated Framework issued by the Committee of Sponsoring Orgainzations of the Treadway Commission (COSO).
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