Agenda Item #

Description/Purpose/Action Required

Presenter

Time

Call to Order

C Karnei

7:30 a.m.

1.        

Adjourn to Executive Session

7:30 a.m.

  Approval of 2007 Internal Audit Plan

B Wullenjohn

7:30 a.m.

-  Update on 2006 Internal Audit Goals

B Wullenjohn

7:40 a.m.

-  Significant Audit Findings

B Wullenjohn

7:45 a.m.

-  EthicsPoint Update

C Vance

7:50 a.m.

-  Contracts (Vote on Recommendation in General Session)

C Yager

7:55 a.m.

Break

8:05 a.m.

Reconvene to General Session

8:10 a.m.

2.        

Approval of Minutes* (10/17/06) (VOTE)

C Karnei

8:10 a.m.

3.        

2007 Strategic Financial Plan and Budget (VOTE on Recommendation)

S. Byone

8:15 a.m.

4.        

Third Party Audits

8:30 a.m.

-  D&T Agreed Upon Procedures Review/Brief

K Schwerdtfeger

8:30 a.m.

-  2006 SAS 70

S Barry

8:40 a.m.

-  2006 Financial Audit Planning

S Barry

8:50 a.m.

5.        

FAS 71/Regulatory Accounting

M Petterson

9:00 a.m.

6.        

Annual Standard & Charter Reviews

9:10 a.m.

-  Status of CWG Charter Update

C Yager

-  Review and approve Financial and Investment Standards (Vote on Recommendation)

C Yager

7.        

Interest Rate Risk Management\Derivatives

C Yager

9:25 a.m.

8.        

Outage Scheduler Project Cancellation Q&A

K Saathoff

9:30 a.m.

9.        

Committee Briefs

9:40 a.m.

-  ERM

-  PMO

-  Credit

-  ICMP

10.    

Future Agenda Items

S Byone

9:50 a.m.

Adjourn

9:55 a.m.