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AICPA Ethics Exam – 2026(NEW UPDATED VERSION) LATEST ACTUAL EXAM QUESTIONS AND
CORRECT ANSWERS (VERIFIED QUESTIONS AND ANSWERS)- GUARANTEED PASS A+ UPDATED
2026
1. Which of the following is a fundamental principle of the AICPA Code of Professional
Conduct?
A. Integrity
B. Profit maximization
C. Marketing only
D. Aggressive tax avoidance
Answer: A
Rationale: Integrity is a core principle requiring honesty and fairness.
2. Independence in appearance is required when:
A. Providing attest services
B. Preparing tax returns only
C. Advisory services only
D. Internal bookkeeping
Answer: A
Rationale: Independence is mandatory for audits and attest engagements to maintain objectivity.
3. Confidential client information may be disclosed:
A. Only with client consent or as required by law
B. To marketing teams
C. To competitors
D. To family members
Answer: A
4. A CPA discovers a material misstatement in a prior year financial statement prepared
by another CPA. What should they do?
practice exam 2026
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A. Communicate with the former CPA and the client per professional standards
B. Ignore it
C. Publicly disclose without consultation
D. Correct it secretly
Answer: A
5. A CPA providing tax services must avoid conflicts of interest by:
A. Obtaining client consent when a conflict exists
B. Ignoring minor conflicts
C. Sharing tax strategy publicly
D. Charging extra fees only
Answer: A
6. Which action violates the AICPA independence rules?
A. Owning stock in an audit client
B. Following GAAP
C. Issuing an audit report
D. Disclosing fraud to authorities
Answer: A
7. The AICPA Code requires objectivity and independence in:
A. All attest engagements
B. Internal reviews only
C. Marketing only
D. Bookkeeping services
Answer: A
8. A CPA receives a gift from a client exceeding nominal value. How should this be
handled?
practice exam 2026
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A. Consider potential impairment of independence
B. Accept without consideration
C. Report to marketing
D. Share with colleagues
Answer: A
9. Which of the following is part of due care?
A. Performing professional services diligently and competently
B. Ignoring new standards
C. Delegating all work without review
D. Billing clients regardless of quality
Answer: A
10. In tax practice, a CPA may rely on a client’s oral representation only if:
A. It is reasonable and supported by documentation
B. The client is well-known
C. It is a casual statement
D. It is not material
Answer: A
11. Which of the following is a threat to independence?
A. Financial interest in an attest client
B. Adherence to GAAP
C. Continuing education
D. Peer review
Answer: A
12. A CPA discovers fraud during an audit. The CPA must:
A. Communicate to those charged with governance and consider legal obligations
B. Ignore it if immaterial
practice exam 2026
AICPA Ethics Exam – 2026(NEW UPDATED VERSION) LATEST ACTUAL EXAM QUESTIONS AND
CORRECT ANSWERS (VERIFIED QUESTIONS AND ANSWERS)- GUARANTEED PASS A+ UPDATED
2026
1. Which of the following is a fundamental principle of the AICPA Code of Professional
Conduct?
A. Integrity
B. Profit maximization
C. Marketing only
D. Aggressive tax avoidance
Answer: A
Rationale: Integrity is a core principle requiring honesty and fairness.
2. Independence in appearance is required when:
A. Providing attest services
B. Preparing tax returns only
C. Advisory services only
D. Internal bookkeeping
Answer: A
Rationale: Independence is mandatory for audits and attest engagements to maintain objectivity.
3. Confidential client information may be disclosed:
A. Only with client consent or as required by law
B. To marketing teams
C. To competitors
D. To family members
Answer: A
4. A CPA discovers a material misstatement in a prior year financial statement prepared
by another CPA. What should they do?
practice exam 2026
,2|Page
A. Communicate with the former CPA and the client per professional standards
B. Ignore it
C. Publicly disclose without consultation
D. Correct it secretly
Answer: A
5. A CPA providing tax services must avoid conflicts of interest by:
A. Obtaining client consent when a conflict exists
B. Ignoring minor conflicts
C. Sharing tax strategy publicly
D. Charging extra fees only
Answer: A
6. Which action violates the AICPA independence rules?
A. Owning stock in an audit client
B. Following GAAP
C. Issuing an audit report
D. Disclosing fraud to authorities
Answer: A
7. The AICPA Code requires objectivity and independence in:
A. All attest engagements
B. Internal reviews only
C. Marketing only
D. Bookkeeping services
Answer: A
8. A CPA receives a gift from a client exceeding nominal value. How should this be
handled?
practice exam 2026
, 3|Page
A. Consider potential impairment of independence
B. Accept without consideration
C. Report to marketing
D. Share with colleagues
Answer: A
9. Which of the following is part of due care?
A. Performing professional services diligently and competently
B. Ignoring new standards
C. Delegating all work without review
D. Billing clients regardless of quality
Answer: A
10. In tax practice, a CPA may rely on a client’s oral representation only if:
A. It is reasonable and supported by documentation
B. The client is well-known
C. It is a casual statement
D. It is not material
Answer: A
11. Which of the following is a threat to independence?
A. Financial interest in an attest client
B. Adherence to GAAP
C. Continuing education
D. Peer review
Answer: A
12. A CPA discovers fraud during an audit. The CPA must:
A. Communicate to those charged with governance and consider legal obligations
B. Ignore it if immaterial
practice exam 2026
