1|Page
Latest AICPA Ethics Exam 2025 With 200 Exam Prep
Questions And Correct Verified Answers/ AICPA
Ethics/Code Of Professional Conduct Test 2025
(New!)
Generally Accepted Auditing Standards (GAAS) -
...ANSWER...✓✓Standards issued by AICPA for auditing
non-issuers.
AICPA Code of Professional Conduct -
...ANSWER...✓✓Sets the ethical standards for CPAs and
provides a framework for resolving ethical dilemmas.
PCAOB Auditing Standards - ...ANSWER...✓✓Auditing
standards applicable to audits of issuers, in conjunction
with GAAS.
Securities Exchange Commission -
...ANSWER...✓✓Regulatory body that oversees securities
transactions, activities of financial professionals, and
mutual fund trading.
,2|Page
Sarbanes-Oxley Act - ...ANSWER...✓✓U.S. law that aims
to protect investors by improving the accuracy and
reliability of corporate disclosures.
International Standards on Auditing (ISA) -
...ANSWER...✓✓Standards for auditing that are recognized
internationally.
IESBA Code of Conduct - ...ANSWER...✓✓International
ethical standards for accountants.
Generally Accepted Government Auditing Standards
(GAGAS) - ...ANSWER...✓✓Standards for auditing
government entities.
Statements on Standards for Attestation Engagements
(SSAEs) - ...ANSWER...✓✓Standards that provide
guidance for attestation engagements.
Statements on Standards for Accounting and Review
Services (SSARs) - ...ANSWER...✓✓Standards that govern
accounting and review services.
,3|Page
Integrity - ...ANSWER...✓✓Should perform all professional
responsibilities with the highest sense of integrity.
Objectivity Principle - ...ANSWER...✓✓Should be impartial,
intellectually honest, and free of conflicts of interest.
Independence Principle - ...ANSWER...✓✓Should be
independent in fact and appearance; required for audit
and attest services only.
Responsibility Principle - ...ANSWER...✓✓Responsibility to
cooperate with each other to improve the art of
accounting and maintain public confidence.
Public Interest - ...ANSWER...✓✓Obligation to serve the
public interest, honor the public trust, and commit to
professionalism.
Compliance with Standards Rule -
...ANSWER...✓✓Requirement to adhere to applicable
standards in professional practice.
, 4|Page
Accounting Principles Rule - ...ANSWER...✓✓Requirement
to follow generally accepted accounting principles in
practice.
Confidentiality - ...ANSWER...✓✓Requirement to maintain
the confidentiality of client information.
Contingent Fees - ...ANSWER...✓✓Fees that are
dependent on the outcome of a service provided.
Commission & Referral Fees - ...ANSWER...✓✓Fees
received for recommending or referring clients to other
services.
Advertising and Other Solicitation -
...ANSWER...✓✓Guidelines regarding how CPAs can
advertise their services.
Discreditable Acts - ...ANSWER...✓✓Acts that can
discredit the profession or the CPA.
Latest AICPA Ethics Exam 2025 With 200 Exam Prep
Questions And Correct Verified Answers/ AICPA
Ethics/Code Of Professional Conduct Test 2025
(New!)
Generally Accepted Auditing Standards (GAAS) -
...ANSWER...✓✓Standards issued by AICPA for auditing
non-issuers.
AICPA Code of Professional Conduct -
...ANSWER...✓✓Sets the ethical standards for CPAs and
provides a framework for resolving ethical dilemmas.
PCAOB Auditing Standards - ...ANSWER...✓✓Auditing
standards applicable to audits of issuers, in conjunction
with GAAS.
Securities Exchange Commission -
...ANSWER...✓✓Regulatory body that oversees securities
transactions, activities of financial professionals, and
mutual fund trading.
,2|Page
Sarbanes-Oxley Act - ...ANSWER...✓✓U.S. law that aims
to protect investors by improving the accuracy and
reliability of corporate disclosures.
International Standards on Auditing (ISA) -
...ANSWER...✓✓Standards for auditing that are recognized
internationally.
IESBA Code of Conduct - ...ANSWER...✓✓International
ethical standards for accountants.
Generally Accepted Government Auditing Standards
(GAGAS) - ...ANSWER...✓✓Standards for auditing
government entities.
Statements on Standards for Attestation Engagements
(SSAEs) - ...ANSWER...✓✓Standards that provide
guidance for attestation engagements.
Statements on Standards for Accounting and Review
Services (SSARs) - ...ANSWER...✓✓Standards that govern
accounting and review services.
,3|Page
Integrity - ...ANSWER...✓✓Should perform all professional
responsibilities with the highest sense of integrity.
Objectivity Principle - ...ANSWER...✓✓Should be impartial,
intellectually honest, and free of conflicts of interest.
Independence Principle - ...ANSWER...✓✓Should be
independent in fact and appearance; required for audit
and attest services only.
Responsibility Principle - ...ANSWER...✓✓Responsibility to
cooperate with each other to improve the art of
accounting and maintain public confidence.
Public Interest - ...ANSWER...✓✓Obligation to serve the
public interest, honor the public trust, and commit to
professionalism.
Compliance with Standards Rule -
...ANSWER...✓✓Requirement to adhere to applicable
standards in professional practice.
, 4|Page
Accounting Principles Rule - ...ANSWER...✓✓Requirement
to follow generally accepted accounting principles in
practice.
Confidentiality - ...ANSWER...✓✓Requirement to maintain
the confidentiality of client information.
Contingent Fees - ...ANSWER...✓✓Fees that are
dependent on the outcome of a service provided.
Commission & Referral Fees - ...ANSWER...✓✓Fees
received for recommending or referring clients to other
services.
Advertising and Other Solicitation -
...ANSWER...✓✓Guidelines regarding how CPAs can
advertise their services.
Discreditable Acts - ...ANSWER...✓✓Acts that can
discredit the profession or the CPA.
