Today many companies recognize the desirability as well as the requirement to have an effective system of internal control. Yet, designing and implementing a cost-effective system of internal control ...

Hardware-in-the-loop (HIL) testing involves simulation of power plant behavior using the actual site-specific power plant controls before the commissioning stage. HIL testing can benefit all project ...

In this modern-day industrial revolution of power and energy, efficiency stands firmly in the spotlight of research and development. Highlighting its importance as perhaps the most critical aspect in ...

Of all the tools rushed to market to help companies comply with Sarbanes-Oxley Act (SOA) requirements, the potential of those developed by the Enterprise Resource Planning (ERP) vendors themselves is ...

IMGCAP(1)][IMGCAP(2)]Effective internal controls reasonably prevent material misstatements in financial reporting and fraud, but poor internal controls have hurt businesses, investors and the public ...

Recent regulatory enforcement actions have reinforced a shift toward process-level scrutiny, with the SEC repeatedly citing ineffective internal controls over ...