A system and method is presented for synthesizing both a design under test (DUT) and its test environment (i.e., the testbench for the DUT), into an equivalent structural model suitable for execution on a reconfigurable hardware platform. This may be achieved without any change in the existing verification methodology. Behavioral HDL may be translated into a form that can be executed on a reconfigurable hardware platform. A set of compilation transforms are provided that convert behavioral constructs into RTL constructs that can be directly mapped onto an emulator. Such transforms are provided by introducing the concepts of a behavioral clock and a time advance finite state machine (FSM) that determines simulation time and sequences concurrent computing blocks in the DUT and the testbench.