At a glance
1. Which former president and chair of CPA Australia was inducted into the Australian Accounting Hall of Fame in 2024?
A. Merran Kelsall AO FCPA
B. Graeme Wade FCPA
C. Peter Wilson AM FCPA
D. Jim Dickson FCPA
2. Which CPA Australia member won both the CFO of the Year and Not-for-Profit Accountant of the Year awards in the Australian Accounting Awards 2024?
A. Roy Totino FCPA
B. Harry Hoang FCPA
C. Daniel Simmons CPA
D. Kylie Thompson FCPA
3. Which Vietnamese FCPA and trusted adviser won awards from the Ministry of Finance (2011 and 2016) and the Prime Minister (2013) for his excellent contributions to the tax profession?
A. Phan Dang Chuong FCPA
B. Nam Nguyen FCPA
C. Phi Nguyen Huyen FCPA
D. Le Khanh Lam FCPA
4. Australian alleged fraudster Melissa Caddick is believed to have misappropriated millions in funds through what kind of scam?
A. Identity theft
B. Ponzi scheme
C. Cryptocurrency scam
D. Payroll fraud
5. Which company did Canadian ChangPeng Zhao – known as CZ – lead as CEO before stepping down, pleading guilty to money laundering and agreeing to pay US$4.3 billion in fines in the US in 2023?
A. Coinbase
B. Kraken
C. Binance
D. OKX
6. John Lo FCPA, CFO of Tencent in Hong Kong, one of the largest technology companies in the world, earned his undergraduate degree from:
A. Curtin University
B. Monash University
C. University of Hong Kong
D. James Cook University
7. Who chairs CPA Australia’s Ethics and Professional Standards Centre of Excellence?
A. Dr Gerard Ilott FCPA
B. Brendan O’Connell FCPA
C. Anju De Alwis FCPA
D. Wayne Stokes FCPA
8. Who was the CFO of WorldCom during the accounting scandal leading to the company’s bankruptcy in 2002?
A. Jeffrey Skilling
B. Andrew Fastow
C. Scott Sullivan
D. David Duncan
9. Thai accountant and CFO Chamanun Phetporee ended up behind bars after embezzling 6.22 billion baht (A$254 million) in 2019–2020. Why did she steal it?
A. She had fallen victim to a romance scam.
B. She was running a Ponzi scheme.
C. She was committing invoice fraud.
D. She was trying to cover debts incurred through a gambling addiction.
10. American ex-stockbroker Jordan Belfort – better known as the “Wolf of Wall Street” – spent 22 months in prison from April 2006. What was primary illegal activity?
A. Insider trading
B. Ponzi scheme
C. Pump-and-dump schemes
D. Money laundering
11. Malaysia-based accountant Jit Cheng Lim CPA is also known for:
A. His commitment to saving the reefs through his work with Reef Check Malaysia
B. Over 20 years of service at KPMG Malaysia
C. Being a trained “EcoDiver”
D. All of the above
12. Which co-founder and CEO of collapsed cryptocurrency exchange FTX was jailed for fraud in 2023?
A. John J. Ray III
B. Caroline Ellison
C. Gary Wang
D. Sam Bankman-Fried
13. Pioneering forensic accountant Frank J. Wilson helped bring Al Capone to justice by:
A. Uncovering hidden assets in foreign bank accounts
B. Building a case based on Capone’s involvement in violent crimes
C. Using forensic accounting to reveal discrepancies in Capone’s financial records
D. Obtaining confessions from Capone’s associates through immunity deals
14. Bernie Madoff was the mastermind behind the largest and most famous Ponzi scheme in history, but who was his CFO?
A. Mark Madoff
B. Frank DiPascali
C. David Friehling
D. Joann Crupi
15. Whistleblower Sherron Watkins is known for her role in exposing financial wrongdoing at which company?
A. WorldCom
B. Enron
C. Lehman Brothers
D. Tyco International
16. Which unlikely American public figure made headlines when she was jailed for insider trading in 2004?
A. Betty White
B. Martha Stewart
C. Katie Couric
D. Sandra Bullock
Answers
