http://www.cpa-exam.org/alerts/download/cpaalertspring09.pdf
I came across this web page and surprised to learn that ethic portion will be moved from REG to BEC so, does this mean we don’t have to study CPA ethics and Code of Conduct under REG??
The newly approved CSOs reflect changes in content, organization
and structure, and in the weights assigned to Content Areas as a measure
of the extent of their coverage on the examination.
Among the many changes – both large and small – the new CSOs
indicate that the testing of ethics and independence will move from
the Regulation (REG) section to the Auditing and Attestation (AUD)
section. (However, topics related to ethics and responsibilities in tax
practice will continue to be tested in REG.) Also, business structure
topics currently included in the Business Environment and Concepts
(BEC) section will be tested, in the future, in the business law area of
REG. New topics will be added to BEC, including corporate governance,
and redefined information systems topics will be presented in
BEC from the perspective of management of a business entity.
