Cpa Ethics Exam 2024-2025 Q & An

A CPA in public practice ______________ avoid operating under a code of professional ethics by choosing not to join either the AICPA or any state CPA society. (a) may (b) may not - ANSWER>>(b) is correct. Code of Professional Conduct, Coverage, says that no CPA practicing public accounting may avoid operating under a code of ethics. The CPA may not join the AI CPA or his or her state CPA society and therefore would not be subject to their codes of ethics. The CPA, however, cannot avoid being subject to his or her state board of accountancy's code of ethics Which category contains the ethical standards, a violation of which makes a member liable to disciplinary action? (a) Ethics Rulings. (b) Interpretations of the Rules. (c) Rules. - ANSWER>>(c) is the conect answer. Code of Professional Conduct, Strncture, says that infraction of any of the rules makes a member liable to disciplinary action. (a) is wrong since members who depart from the guidance in ethical rulings in similar circumstances will be asked to justify such departure. They cannot however be charged with violating a ruling. (b) is also wrong since a member cannot be charged with violating an interpretation. In