The Institute of Internal Auditors has introduced a new framework for the professional development of internal auditors.

IIA offers new framework for internal audit competency

A pair of academic studies casts doubt on the value of mandatory rotation of auditing firms and lead engagement partners.

Studies question need for auditor rotation

The document discusses some considerations involving the use of specialists when auditing financial statements during the pandemic.

AICPA, IESBA and IAASB offer guidance on use of specialists amid coronavirus

While transcripts are notorious for being complex, they can be incredibly helpful in the hands of tax professionals who know how to use them.

A short guide to IRS transcripts

Conversations have already started about how the increased government expenditures to support citizens during the pandemic will be funded. But resisting the urge to increase taxes may be the best way to support economic growth.

Paying for the pandemic: Are increased taxes the answer?

A federal appeals panel rejected President Donald Trump’s latest bid to block the Manhattan district attorney from getting his tax filings and other financial records.

Trump loses effort in appeals court to block Vance tax subpoena

General Electric Co. warned that it’s likely to face Securities and Exchange Commission allegations of accounting misdeeds, setting back CEO Larry Culp’s effort to put the company’s rocky past behind it.

GE warns of likely SEC action in probe of insurance reserves

Field audits down; streamlining taxes for social policies; bad-date boondoggle; and other highlights from our favorite tax bloggers.

In the blogs: Time to panic

BDO USA is merging in Quantum Global Advisors LLC, a Chicago-based international insurance claim and valuation consulting practice, in a deal that’s expected to close Oct. 16.

BDO adds Quantum Global Advisors

The fund is ready to provide Seed and Series A funding immediately.

Draper Goren Holm debuts M fund for fintech-blockchain startups