INTRODUCTION Knowledge of ethical standards can help practicing CPA to overcome ethical dilemmas. The American Institute of Certified Public Accountants (AICPA) has prescribed a professional code of conduct. In view of the changing business scenario, the code was revised in December 2014. Major corporate scandals warranted the revision and stricter implementation of ethical standards. The revised code is more organized and segregated into specific topics like gifts and entertainment, conflict of interest, etc (Journal of Accountancy, 2015). SERVICES CPAs are professionals who provide various types of services to clients. The services that are provided by CPAs to their clients are: (CPAs, 2015) tax consultancy accounting and assurance services including auditing and internal control...