Meeting · FINANCE_AUDIT

Finance and Audit Committee Meeting

Concluded date 2007-11-13 time 07:30–10:00 ercot.com

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

Agenda 12 items

1. Call to order — C. Karnei · 7:30am
2. Adjourn to Executive Session Approval of executive session minutes (10/16/07) Approval of 2008 internal audit plan Update on 2007 internal audit goals Internal Audit status report EthicsPoint update Project updates Met Center Contingent Workforce Management Vote — C. Karnei C. Campbell C. Campbell C. Campbell C. Campbell S. Grendel B. Kahn M. Petterson S. Byone · 7:30am 8:10am
Adjourn to Open Session
3. Approval of general session minutes (10/16/07) Vote — C. Karnei · 8:40am
4. Review credit work group matters CWG charter Other Vote — C. Yager · 8:45am
5. Review and update on financial and investment standards Vote — C. Yager · 9:00am
6. 2007 financial statement audit planning — S. Barry · 9:10am
7. 2007 SAS 70 audit status report — S. Barry · 9:20am
8. Follow-up from November 9th Credit workshop (if needed) — C. Yager · 9:30am
9. Committee Briefs (Q&A only) — All · 9:40am
10. Future agenda items — S. Byone · 9:45am
Adjourn ISO meeting · 9:50am