An integrated circuit is configurable to generate a notification message when an indicator of an event used to synchronize the execution of different functional blocks of the integrated circuit changes status. The indicator of the event is cleared when an operation is triggered and is set when the operation completes. The notification message includes a timestamp indicating the time when the indicator of the event changes status. The notification message is used to determine the execution timeline of a set of instructions executed by integrated circuit and to identify bottlenecks in the set of instructions or the integrated circuit.