EG · Compulsory

Ethics and Governance

Ethics and Governance covers ethical frameworks, professional obligations, corporate governance, and the role of the professional accountant in organisations and society.

Who it's for

All CPA Program candidates — EG is compulsory and underpins every other subject.

Exam format

MCQ plus extended response (worksheet). Approximately 60 MCQs and one multi-part written response.

Module map

  1. M1: Understanding Ethics
  2. M2: Professional Obligations of the CPA
  3. M3: Corporate Governance
  4. M4: Governance and the Role of the Finance Function
  5. M5: Ethics in Practice

Study tips

  • Use the ethical decision-making framework consistently — exams reward structure over intuition.
  • Link governance questions back to stakeholder theory and agency conflicts.
  • In MCQs, eliminate clearly unethical options first, then choose the most professional response.
  • Practise writing brief structured responses for the extended-response section.

EG Key Terms Index

Stop searching through hundreds of study-guide pages. The Ethics and Governance index maps key terms to clear definitions and page references — so you can look up what you need in seconds.

Get the EG index