Out of Control Internal Controls

As energy utilities increasingly adopt advanced technologies and face ever-evolving regulatory requirements, the need for strong internal controls has never been more crucial. If you’ve recently undergone a NERC, FERC, or regional audit, you understand the significance. It’s not only just about perfection, but also about having a well-designed internal controls program as the key to navigating these challenges.

Navigating Internal Controls for Utility Compliance

During this webcast, AssurX discusses various techniques utilities can leverage to manage internal controls and their relevance to current NERC regulations. An effective internal controls program is essential for navigating regulatory requirements and audits while adapting to an ever-changing regulatory environment.

Key Webcast Takeaways

• Core Components of the COSO Framework: Understand the core components of the COSO framework and how utility companies should apply them to ensure effective and efficient operations.
• Integration and Automation: Leverage integration for monitoring compliance and quickly adapt to changes through automation and continuous improvement.
• Strategic Planning for Compliance: Learn how to build a strategic plan to manage future compliance needs and stay ahead of regulatory changes.

By mastering internal controls, utilities can enhance their compliance efforts, ensuring they remain resilient and adaptable in the face of regulatory challenges.