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 ...

Internal controls represent safeguards that protect a company's business operations and financial information. Business owners are typically responsible for developing and implementing internal ...

Are you an auditor engaged to audit an entity that is less complex? If so, you may wonder why you spend time on the audit evaluating internal control. This may seem like an exercise that is much more ...

General Electric (GE) and the National Renewable Energy Laboratory (NREL) demonstrated grid-forming technologies in the Type-3 wind turbine, a step in long-term grid modernization efforts as the rapid ...