Once considered the most complex solution, we are now driven by market development and expansion needs into ever greater levels of simplification. A recent example of this trend is EnronOnline, which originated as a highly-complicated solution to trading and order management problems and is now evolving towards becoming a simple XML-based system. These trends are reflected in Enron's reduction in overall IT spending and a shift of focus to business line applications and down-stream solutions. Revitalizing our relationship with Enron At the same time, we're working closely with Enron to leverage the combined areas of Enron's business and PwC's consulting services to gain maximum value for our clients in this rapidly expanding business environment. Our joint solution to gain immediate access to Enron's finance and accounting information is well underway and is expected to wrap up in the near future. An example of the types of analysis we can offer based on this access is: ? Develop PWC
,s current and future global financial reporting capabilities, including its balance sheet consolidation and quarterly reporting capabilities ? Analyse Enron
,s corporate tax situation, prepare its financial statements for review by Enron
,s tax department, and perform assurance testing
) necessary to ensure EGA compliance ? Develop future statutory consolidation and financial reporting requirements ? Work with Enron's tax department to develop an understanding of Enron
,s current management strategy as it pertains to their consolidation and financial reporting requirements ? Validate that the existing consolidated financial statements are in compliance with the new statutory requirements Please let me know if you would like to meet or talk about our strategies further. Regards, Naveen 713-345-8287 naveen.paul@enron.com *******************Internet Email Confidentiality Footer******************* Privileged/Confidential Information may be contained in this message. If you are not the addressee indicated in this message (or responsible for delivery of the message to such person), you may not copy or deliver this message to anyone. In such case, you should destroy this message and kindly notify the sender by reply email. Please advise immediately if you or your employer do not consent to Internet email for messages of this kind. Opinions, conclusions and other information in this message that do not relate to the official business of my firm shall be understood as neither given nor endorsed by it.