The Western Interconnection Regional Advisory Body (“WIRAB”) staff submitted comments on the Peak Reliability (Peak) draft Audit Committee Charter which, if approved, will establish an Audit Committee to assist the Peak Board’s oversight of the integrity of Peak’s financial statements, Peak’s compliance with legal and regulatory requirements, and the performance of Peak’s independent auditors. WIRAB is authorized to provide advice on the governance of Peak Reliability. WIRAB made several observations and recommendations regarding Peak’s proposed Audit Committee Charter.
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