Table of Contents

Course Learning Objectives. 5

Chapter 1 Ethics and Ethical Reasoning. 8

Learning Objectives. 8

Ethics Defined. 8

Ethical Reasoning and Accountants. 10

Ethical Dilemmas in Accounting. 12

Chapter 1 Review Questions. 15

Chapter 2 AICPA Code of Professional Conduct 16

Learning Objectives. 16

AICPA’s Code of Professional Conduct 16

Summaries of the Six Principles. 17

Conceptual Framework – Threats and Safeguards Approach. 18

Summaries of the Eleven Rules. 23

Chapter 2 Review Questions. 45

Chapter 3 Texas Rules of Professional Conduct 46

Learning Objectives. 46

Texas Rules of Professional Conduct 47

Chapter 3 Review Questions. 77

Review Question Answers. 79

Appendix. 86

AICPA Rules. 86

TSBPA Rules. 87

Glossary. 95

Index. 99

CPE Exam Answer Sheet 100

Final Examination. 101

CPASelfstudy.com Course Evaluation. 105