A method and apparatus to implement parallel current mode control that is suitable for digital and analog implementation. A duty cycle algorithm is composed of a voltage term and a parallel current term which depends on the inductor current change between the inductor current value at the beginning of a switching cycle and the reference inductor current value at the end of that switching cycle. Parallel current mode control can be applied to all DC-DC converters, including both non-isolated and isolated topologies. It can also be applied to AC-DC converters with power factor correction.