Meeting · FINANCE_AUDIT

Finance and Audit Committee Meeting

Concluded date 2006-02-21 time 08:00–10:00 ercot.com

LocationERCOT Austin 8000 Metropolis (Building E), Suite 100 Austin, TX 78744 168

Agenda 20 items

1. Adjourn to Executive Session
Personnel Matters
Reconvene in public session -- Report on Executive Session — C Karnei · 8:00 a.m.
2. Approval of Minutes* (Vote — C Karnei · 8:00 a.m.
3. Accept agreed-upon changes to F&A Charter — C Karnei · 8:05 a.m.
4. Audit Planning · 8:10 a.m.
2005 PwC Financial Audit Benefit Plans Follow-up SAS 70 Internal Controls Assessment Sales Tax Audit — S Barry N McIntire S Byone S Byone M Petterson
5. Large Projects Briefing (4) — R Connell · 8:40 a.m.
6. Finance Update — C Yager · 8:50 a.m.
Early Debt Retirement Nodal Financing Discussion
7. Committee Brief: ERM — D Meek · 9:05 a.m.
8. Committee Brief: ICMP — C Moseley · 9:10 a.m.
9. Committee Brief: Audit Statistics — S Byone · 9:15 a.m.
10. Committee Brief: Credit Statistics — C Yager · 9:20 a.m.
11. F&A Committee Self Assessment — S Byone · 9:25 a.m.
12. Future Agenda Items — S Byone · 9:30 a.m.
13. Appendix — S Byone · 9:35 a.m.
14. Adjourn to Executive Session — E Ettorre · 9:40 a.m.
Internal Audit Report/Ethics Point Personnel Matters Open Discussion
Adjourn · 9:55 a.m.