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 ...

Internal controls is just another name for those pesky rules that keep your business investment sound and your company safe from liability. A control is any action step or policy designed to ensure a ...

Internal fraud controls aren't fire-and-forget. Smart collaboration and ongoing improvement will help keep fraud in check. Here are the basics. There are several keys to effective prevention, but some ...

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 ...

Field testing in a portion of ORNL’s campus grid allows validation of a new grid architecture and control platform at utility scale for rapid transfer to industry partners. A historic legacy now ...

Distributed energy storage (DES) is an enabling technology for the future power grid. Largely consisting of advanced electrochemical batteries, DES systems increase the efficiency of large centralized ...

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 ...