The Deloitte's Energy & Resources group is the industry leader in audit services for energy and utility companies, with 16 of the top 25 Fortune 500-ranked companies in this field calling on our professionals regularly. Our energy & resources practice is positioned to help our clients face the challenges of a changing economic and political environment.

Energy and utility companies look to us for insight and solutions in valuation services, financial advisory, reorganization or merger integration, human capital, internal audit, oil and gas information and transaction support.

Fierce competition in the power generation markets continues. Some markets are overbuilt, and forecasts for electric energy remain volatile. In this uncertain environment, decision-makers seek clarity in:

• Analyzing accounting developments that affect independent power operations
• Fixed asset valuations
• Structured transactions
• Financial instruments valuation and risk management processes

Energy companies taking a broader view of risk management may recognize the potential competitive advantage of a properly-executed and integrated enterprise risk management approach. Risk intelligence forms the foundation for informed decision-making throughout such organizations. Recent changes in the energy industries challenge internal audit leaders to evaluate how relationships with audit committees, external auditors and stakeholders will evolve.