Finance & Audit Committee Meeting

    December 11, 2017 Add to personal calendar
    01:00 PM - 03:00 PM
    ERCOT Austin Room 206
    7620 Metro Center Dr.
    Austin, TX 78744

    Agenda

    Item

    Topic

    Topic Type

    Presenter

    1.

    Call General Session to Order, Announce Proxies and Segment Alternates

    --

    Chair

    2.

    October 16, 2017 General Session Meeting Minutes

    Vote

    Chair

    3.

    Results of Examination and Independence Report from the System and Organization Control (formerly "Service Organization Control") Auditor

    Discussion

    Schellman & Company

    4.

    Recommendation Regarding Acceptance of 2017 System and Organization Control (formerly "Service Organization Control") Audit Report

    Vote

    Allison Atherton and Schellman & Company

    5.

    Periodic Report on Credit Work Group Activity

    Discussion

    Donald Meek, CWG Chair

    6.

    Annual Committee Self-Evaluation Survey Results

    Discussion

    Chair

    7.

    Proposed Updates to Board of Directors Material on DAM Net Flow vs. Real-Time Load

    Discussion

    Kenan Ögelman

    8

    Committee Briefs

    Discussion

    Staff

     
    8.1

    Review 2017 Financial Summary

    Discussion

    Sean Taylor

     
    8.2

    Periodic Report on Investments

    Discussion

    Leslie Wiley

    9.

    Future Agenda Items

    Discussion

    Michael Petterson

    10.

    Other Business

    Discussion

    Michael Petterson

     

    Convene Executive Session

    --

    --

     

    October 16, 2017 Executive Session Meeting Minutes

    Vote

    Chair

     

    Contract, Personnel, Security, Compliance, Risk Management, Litigation and Regulatory Matters

    Discussion

    Staff

     

    Recommendation Regarding Selection of 2018 Independent System and Organization Control (formerly "Service Organization Control") Auditor

    Discussion

    Allison Atherton

     

    Periodic Report on Internal Audit Activity

    Discussion

    Penny Rychetsky

     

    Reconvene General Session

    --

    --

    11.

    Vote on Matters from Executive Session

    Vote

    Chair

    12.

    Adjournment

    --

    Chair

     

    * The conclusion time shown on the Agenda is approximate.

    The meeting may conclude earlier or later than the noted time.

    Matters may also be taken out of Agenda order.

     

    The next regularly-scheduled F&A Committee Meeting is expected to be held on February 19, 2018 at 7620 Metro Center Drive, Austin, Texas.

    Scheduled Finance & Audit Meetings