CONTENTS

Preface vii
About the Author ix

About the Contributors ix

INTRODUCTION 1

Chapter 1: Beginning Your CPA Review Program 3

Chapter 2: Examination Grading 17
Chapter 3: The Solutions Approach 19
Chapter 4: Taking the Examination 27
Chapter 5: Exam Content Overview 31

PROFESSIONAL RESPONSIBILITIES AND BUSINESS LAW 39

Module 23: Professional and Legal Responsibilities 41

Module 24: Federal Securities Acts 87
Module 25: Business Structure 119
Module 26: Contracts 169
Module 27: Sales 215
Module 28: Negotiable Instruments 249
Module 29: Secured Transactions 293
Module 30: Bankruptcy 313
Module 31: Debtor-Creditor Relationships 343
Module 32: Agency 365
Module 33: Regulation of Business Employment,
Environment, and Antitrust 383
Module 34: Property 421

FEDERAL TAXATION 457

Module 35: Individual Taxation 459

Module 36: Transactions in Property 609
Module 37: Partnership Taxation 651
Module 38: Corporate Taxation 699
Module 39: Other Taxation Topics 799

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