Answer:
True
Step-by-step explanation:
This Code is in three parts. Part A establishes the fundamental principles of professional ethics for professional accountants and provides a.A distinguishing mark of the accountancy profession is its acceptance of
the responsibility to act in the public interest. Therefore, a professional
accountant’s*
responsibility is not exclusively to satisfy the needs of an
individual client or employer. In acting in the public interest a
professional accountant should observe and comply with the ethical
requirements of this Code.