CPWA. Section 1A - Ethics (5
Questions)
Code Principal 1 - answer Act in the best interest of the client
Code Principal 2 - answer Disclose services to be offered and provided, related
charges, and compensation.
Code Principal 3 - answer Disclose the existence of actual, potential, and/or perceived
conflicts of interest and relevant financial relationships; take action to resolve the
conflicts of interest
Code Principal 6 - answer Confidentiality; keep client information private
PRB - answer Professional Review Board; Read/review potential violations of the board
Types of Discipline - answer- Public or private censure
- Suspend right to use CPWA marks
- Appeals are made to the Board of Directors, not the PRB
How many days does one have to file an answer to the disciplinary petition with the
institute staff? - answer30 days
Member must notify institute of a conviction of serious crime within _____ days -
answer60 days
An appeal from a final order of the PRB must be filed within ____ days of the date of the
order - answer60 days
Possible reinstatement after suspension requires petition to Institute within _____ days
of expiration of suspension term - answer30 days
Requirements - answerFour Es
- Experience (5 years)
- Education (Yale class)
- Exam - pass exam
- Ethics
Continued Education
- 40 hours every two years (includes 2 hours of ethics)
- 1 hour of CE should be related to tax or regulations
Questions)
Code Principal 1 - answer Act in the best interest of the client
Code Principal 2 - answer Disclose services to be offered and provided, related
charges, and compensation.
Code Principal 3 - answer Disclose the existence of actual, potential, and/or perceived
conflicts of interest and relevant financial relationships; take action to resolve the
conflicts of interest
Code Principal 6 - answer Confidentiality; keep client information private
PRB - answer Professional Review Board; Read/review potential violations of the board
Types of Discipline - answer- Public or private censure
- Suspend right to use CPWA marks
- Appeals are made to the Board of Directors, not the PRB
How many days does one have to file an answer to the disciplinary petition with the
institute staff? - answer30 days
Member must notify institute of a conviction of serious crime within _____ days -
answer60 days
An appeal from a final order of the PRB must be filed within ____ days of the date of the
order - answer60 days
Possible reinstatement after suspension requires petition to Institute within _____ days
of expiration of suspension term - answer30 days
Requirements - answerFour Es
- Experience (5 years)
- Education (Yale class)
- Exam - pass exam
- Ethics
Continued Education
- 40 hours every two years (includes 2 hours of ethics)
- 1 hour of CE should be related to tax or regulations
