各位小伙伴大家好，美國CPA考試共有三種題型：選擇題，案例分析題和寫作題，不同科目題型分配不同，為了幫助大家更好地備考，幫考網帶來了練習題供大家練習，幫助大家熟悉題型和積累答題經驗，具體內容如下：

1.According to the standards of the profession, which of the following circumstances will prevent a CPA performing audit engagements from being independent?

a. Litigation with a client relating to billing fｏｒconsulting services fｏｒwhich the amount is immaterial.

b. Employment of the CPA\\\'s spouse as a client\\\'s internal auditor.

c. Acting as an honorary trustee fｏｒa not-for-profit organization client.

d. Obtaining a collateralized automobile loan from a financial institution client.

答案：B

Explanation

Choice "b" is correct. Independence of a member is impaired if the CPA\\\'s spouse is employed by the client in a position which is audit-sensitive. Examples of positions that are audit-sensitive include cashier, internal auditor, accounting supervisor, purchasing agent, ｏｒinventory warehouse supervisor.

Choice "d" is incorrect. The following types of loans do not impair independence:

1. Automobile loans,

2. Loans of the surrender value under terms of an insurance policy,

3. Borrowings fully collateralized by cash deposits at the same financial institution, and

4. Credit cards ａｎｄ　cash advances on checking accounts with an aggregate unpaid balance of $10,000 ｏｒless.

Choice "a" is incorrect. Litigation not related to the engagement fｏｒan immaterial amount does not impair independence.

Choice "c" is incorrect. Acting as an honorary trustee fｏｒa not-for-profit company does not impair independence.

2.Under the ethical standards of the profession in the United States, which of the following circumstances would impair independence in the audit of an issuer but would not impair independence in the audit of a nonissuer?

a. The audit firm provided a loan to the client during the priｏｒyear.

b. The audit firm has an immaterial direct financial interest in the client.

c. The lead partner has worked on the audit engagement of a client fｏｒten years.

d. The firm performing the financial statement audit also designed ａｎｄ　implemented the client\\\'s financial information system.

答案：C

Explanation

Choice "c" is correct. The ethical standards that apply to the audits of issuers (SOX/PCAOB/SEC) require that the lead partner rotate off the audit engagement after 5 years. The AICPA Code of Professional Conduct, which is followed when auditing nonissuers, does not require audit partner rotation.

Choice "d" is incorrect. All U.S. ethical standards prohibit the performance of financial information systems design ａｎｄ　implementation services fｏｒaudit clients.

Choice "a" is incorrect. Loans to ｏｒfrom clients, other than loans from financial institutions under normal lending policies, are prohibited fｏｒaudits of issuers ａｎｄ　nonissuers under all ethical standards.

Choice "b" is incorrect. Any direct financial interest in a client impairs independence, whether the client is an issuer ｏｒa nonissuer.

3.Which of the following actions by a CPA most likely violates the profession\\\'s ethical standards?

a. Retaining client records after the client has demanded their return.

b. Arranging with a financial institution to collect notes issued by a client in payment of fees due.

c. Using a records-retention agency to store confidential client records.

d. Compiling the financial statements of a client that employed the CPA\\\'s spouse as a bookkeeper.

答案：A

Explanation

Choice "a" is correct. Failure to return records to a client after the client makes a demａｎｄ　is considered to be an act discreditable to the profession, ａｎｄ　as such violates the profession’s ethical standards.

Choice "c" is incorrect. There is no prohibition against using a records-retention agency to store confidential client records.

Choice "b" is incorrect. Arranging with a financial institution to collect notes issued by a client in payment of fees due does not violate the profession’s ethical standards.

Choice "d" is incorrect. A compilation of financial statements does not require the auditｏｒto be independent (although the lack of independence should be disclosed). Although this engagement poses a familiarity threat, the firm may have implemented appropriate safeguards to bring the threat to an acceptable level.

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