In accordance with an embodiment, a method includes using a monitoring circuit disposed on a monolithic integrated circuit to monitor an output signal of a first switching transistor for a first output edge transition at a monitoring terminal of the monolithic integrated circuit; using a time measuring circuit disposed on the monolithic integrated circuit to measure a first time delay between a first input edge transition of a first drive signal and the first output edge transition, where the first drive signal is configured to cause a change of state of the first switching transistor; using an analysis circuit disposed on the monolithic integrated circuit to compare the measured first time delay with a first predetermined threshold to form a first comparison result; and indicating a first error condition based on the first comparison result.