The
primary objective of an Internal Controls Evaluation (also known as an “ICE”)
is to focus compliance oversight efforts by recognizing the internal controls
an entity employs around specific Reliability Standards to manage reliability,
security, and resiliency risks.
The Internal Controls Evaluation (ICE):
- Focuses on the specific controls utilized to assure compliance with a particular Standard
- Has a short time horizon – designed to avoid risks as they arise
- Is ideal for organizations that may be facing challenges or in a time of transition where many risks lie ahead
If you
have any questions or would like to request an Internal Controls Evaluation,
please visit our Contact Us page and direct your question to the Entity Engagement group.