Send us Feedback

MGE Energy (MGEE)
Analysis
SUMMARY
BULLS
BEARS
TOPICS
Data
DATA CENTRAL
STOCK CHART
Financials
SEC FILINGS
BALANCE
INCOME
CASH FLOW

MGEE » Topics » Audit Committee Report

This excerpt taken from the MGEE DEF 14A filed Apr 9, 2009.
Audit Committee Report
 
The Audit Committee oversees our financial reporting process on behalf of our Board. The Audit Committee consists of seven independent directors. Its duties and responsibilities are briefly described above under “Committees -Audit Committee” and are set forth in the Audit Committee Charter adopted by the Board. The Audit Committee Charter is available on our Web site, www.mgeenergy.com/corpgov. The Audit Committee has issued the following report:
 
In the course of fulfilling our responsibilities, we have:
 
  •  Reviewed and discussed with management the audited financial statements for the year ended December 31, 2008;
 
  •  Discussed with the representatives of our independent registered public accounting firm, PricewaterhouseCoopers LLP, all matters required to be discussed by Statement on Auditing Standards No. 61, as amended (AICPA, Professional Standards, Vol.1. AU section 380), as adopted by the Public Company Accounting Oversight Board in Rule 3200T.
 
  •  Received the written disclosures and the letter from our registered public accountants, PricewaterhouseCoopers LLP, as required by applicable requirements of the Public Company Accounting Oversight Board regarding an independent accountant’s communications with audit committees concerning independence;
 
  •  Discussed with PricewaterhouseCoopers LLP their independence from the Company and management; and
 
  •  Considered whether the provision by PricewaterhouseCoopers LLP of non-audit services is compatible with maintaining their independence.
 
Based on the foregoing, we have recommended to the Board that the audited financial statements referred to above be included in our annual report on Form 10-K and the annual report to shareholders for the fiscal year ended December 31, 2008.
 
         
Richard E. Blaney
  Regina M. Millner   H. Lee Swanson (Chair)
Londa J. Dewey
  Frederic E. Mohs    
F. Curtis Hastings
  John R. Nevin    
 
This excerpt taken from the MGEE DEF 14A filed Apr 14, 2008.
Audit Committee Report
 
The Audit Committee oversees our financial reporting process on behalf of our Board. The Audit Committee consists of seven independent directors. Its duties and responsibilities are set forth in the Audit Committee Charter adopted by the Board. The Audit Committee Charter is available on our Web site, www.mgeenergy.com/corpgov. The Audit Committee has issued the following report:
 
In the course of fulfilling our responsibilities, we have:
 
  •  Reviewed and discussed with management the audited financial statements for the year ended December 31, 2007;
 
  •  Discussed with the representatives of our independent registered public accounting firm, PricewaterhouseCoopers LLP (PwC), all matters required to be discussed by Statement on Auditing Standards No. 61, as amended and superseded by Statement on Auditing Standards No. 114, The Auditor’s Communication with Those Charged with Governance;


10

Table of Contents

  •  Received the written disclosures and the letter from our registered public accountants, PricewaterhouseCoopers LLP, required by Independence Standards Board Standard No. 1, Independence Discussions with Audit Committees;
 
  •  Discussed with PricewaterhouseCoopers LLP their independence from the Company and management; and
 
  •  Considered whether the provision by PricewaterhouseCoopers LLP of non-audit services is compatible with maintaining their independence.
 
Based on the foregoing, we have recommended to the Board that the audited financial statements referred to above be included in our annual report on Form 10-K and the annual report to shareholders for the fiscal year ended December 31, 2007.
 
         
Richard E. Blaney
    Regina M. Millner        H. Lee Swanson, (Chair)
Londa J. Dewey
    Frederic E. Mohs    
F. Curtis Hastings
    John R. Nevin    
 
This excerpt taken from the MGEE DEF 14A filed Apr 16, 2007.
Audit Committee Report
 
The Audit Committee oversees our financial reporting process on behalf of our Board. The Audit Committee consists of seven independent directors. Its duties and responsibilities are set forth in the Audit Committee Charter adopted by the Board. A copy of the Audit Committee Charter is available on our Web site at www.mgeenergy.com under “Corporate Governance.” The Audit Committee has issued the following report:
 
In the course of fulfilling its responsibilities, we have:
 
  •  Reviewed and discussed with management the audited financial statements for the year ended December 31, 2006;
 
  •  Discussed with the representatives of our independent registered public accounting firm, PricewaterhouseCoopers LLP (PwC), all matters required to be discussed by Statement on Auditing Standards No. 61, Communication with Audit Committees (as supplemented);
 
  •  Received the written disclosures and the letter from PwC required by Independence Standards Board Standard No. 1, Independence Discussions with Audit Committees;


10

Table of Contents

 
  •  Discussed with PwC their independence from the Company and management; and
 
  •  Considered whether the provision by PwC of non-audit services is compatible with maintaining their independence.
 
Based on the foregoing, we have recommended to the Board that the audited financial statements referred to above be included in our annual report on Form 10-K and the annual report to shareholders for the fiscal year ended December 31, 2006.
 
         
Richard E. Blaney
  Frederic E. Mohs   H. Lee Swanson, (Chair)
F. Curtis Hastings
  John R. Nevin    
Regina M. Millner
  Donna K. Sollenberger    
 
This excerpt taken from the MGEE DEF 14A filed Apr 4, 2005.

Audit Committee Report

 

The Audit Committee oversees our financial reporting process on behalf of our Board. The Audit Committee consists of seven independent directors. Its duties and responsibilities are set forth in the Audit Committee Charter adopted by the Board. The Audit Committee Charter was last published in our April 11, 2003, proxy statement as Exhibit A.

 

In the course of fulfilling its responsibilities, the Audit Committee has:

 

  •   Reviewed and discussed with management the audited financial statements for the year ended December 31, 2004;

 

  •   Discussed with the representatives of our independent registered public accounting firm, PricewaterhouseCoopers LLP (PwC), all matters required to be discussed by Statement on Auditing Standards No. 61, Communication with Audit Committees (as supplemented);

 

  •   Received the written disclosures and the letter from PwC required by Independence Standards Board Standard No. 1, Independence Discussions with Audit Committees;

 

  •   Discussed with PwC their independence from the Company and management; and

 

  •   Considered whether the provision by PwC of non-audit services is compatible with maintaining their independence.

 

Based on the foregoing, the Audit Committee recommended to the Board that the audited financial statements referred to above be included in our annual report on Form 10-K and the annual report to shareholders for the fiscal year ended December 31, 2004.

 

Richard E. Blaney    John R. Nevin
F. Curtis Hastings    Donna K. Sollenberger
Regina M. Millner    H. Lee Swanson, Chairperson
Frederic E. Mohs     

 

EXCERPTS ON THIS PAGE:

DEF 14A
Apr 9, 2009
DEF 14A
Apr 14, 2008
DEF 14A
Apr 16, 2007
DEF 14A
Apr 4, 2005

RELATED TOPICS for MGEE:

"Audit Committee Report" elsewhere:

Active Power (ACPW)
Ameren (AEE)
Avista (AVA)
Black Hills (BKH)
Empire District Electric Company (EDE)
Florida Public Utilities Company (FPU)
Great Plains Energy (GXP)
ITC Holdings (ITC)
Mirant (MIR)
NRG Energy (NRG)
Ormat Technologies (ORA)
Public Service Enterprise Group (PEG)
Pepco Holdings (POM)
Portland General Electric Co (POR)
TECO Energy (TE)
Westar Energy (WR)
Integrys Energy Group (TEG)
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki