Agenda Item #

Description/Purpose/Action Required

Presenter

Time

Call to Order

C Karnei

9:00 a.m.

1.       

Adjourn to Executive Session

9:00 a.m.

-  Significant Audit Findings

B Wullenjohn

9:00 a.m.

-  EthicsPoint Update

C Vance

9:05 a.m.

-  Timing for Quality Assurance Review of the Internal Audit Department

B Wullenjohn

9:10 a.m.

-  Staffing Update and Assessment of the Adequacy and Effectiveness of the Internal Audit Staff

C Karnei

9:15 a.m.

-  Discussion with Executive Management

Jones/
Byone

9:30 a.m.

Reconvene to General Session

9:40 a.m.

2.       

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

C Karnei

9:40 a.m.

3.       

Review PwC Non Audit Fees ? Accounting Database Subscription (memo)

M Petterson

9:45 a.m.

4.       

Materiality Principles (memo)

M Petterson

9:50 a.m.

5.       

Review Proposed Agenda for Credit Workshop

C Yager

9:55 a.m.

6.       

Accounting Highlights ? Nodal & IMM

M Petterson

10:00 a.m.

7.       

Review SAS 70 Action Plan

J Brenton/

A Delenela

10:15 a.m.

8.       

Review F&A Self Assessment Results

C Karnei

10:25 a.m.

9.       

Review Preliminary 2007 F&A Meeting Planner

S Byone

10:40 a.m.

10.   

Committee Briefs

10:45 a.m.

-  ERM

-  PMO

-  Credit

-  ICMP

11.   

Future Agenda Items

S Byone

10:55 a.m.

Adjourn

11:00 a.m.