116-390 Village Blvd. Princeton, NJ 08540 609.452.8060 | www.nerc.com Agenda — OPEN Session Finance and Audit Committee May 10, 2011 | 11:30 a.m.-12:00 p.m. ET The Westin Arlington Gateway 801 Glebe Road Arlington, VA 703-717-6200 Introductions and Chair’s Remarks NERC Antitrust Compliance Guidelines 1. Minutes — Approve a. May 3, 2011 Conference Call b. February 9, 2011 Conference Call* 2. Second Quarter Calendar of FAC Responsibilities a. Review audit findings, any internal control recommendations; review and make recommendation to Board of Trustees regarding approval of 2010 audited financial statements* b. Review and report of performance of external auditor c. Review and accept First Quarter Statement of Activities d. Review financial aspects of Form 990 (No Committee approval required) e. Review proposed revisions to Mandate* f. Update on Internal Controls Initiative 3. Future Meetings a. June 2, 2011 Conference Call b. August 3, 2011 – Vancouver, Canada *Background material included.
