ML073030302
| ML073030302 | |
| Person / Time | |
|---|---|
| Site: | Summer  |
| Issue date: | 08/01/2007 |
| From: | Campbell P Cherry, Bekaert & Holland, South Carolina Electric & Gas Co |
| To: | Office of Nuclear Reactor Regulation |
| References | |
| Download: ML073030302 (1) | |
Text
FINANCE-AUDIT COMMITTEE CHAIRMANS LETTER The Finance-Audit Committee of the Board of Directors is comprised of five independent directors: Paul G. Campbell Jr., Chairman, G. Dial DuBose, William A. Finn, David Springs and Barry Wynn.
The committee meets regularly with members of management and Internal Audit to review and discuss their activities and responsibilities.
The Finance-Audit Committee oversees Santee Coopers financial reporting and internal auditing processes on behalf of the board of directors.
Periodic financial statements and reports from management and the internal auditors pertaining to operations and representations were received. In fulfilling its responsibilities, the committee also reviewed the overall scope and specific plans for the respective audits by the internal auditors and the independent public accountants. The committee discussed the companys financial statements and the adequacy of its system of internal controls. The committee met with the independent public accountants and with the General Auditor to discuss the results of the audit, the evaluation of Santee Coopers internal controls, and the overall quality of Santee Coopers financial reporting.
Paul G. Campbell, Jr.
Chairman Finance-Audit Committee