![](https://cos-cdn.shuashuati.com/pipixue-web/2020-1231-2005-12/ti_inject-812ce.png)
5 (a) IFAC’s ‘Code of Ethics for Professional Accountants’ is divided into three parts: Part A – Applicable to All Professional Accountants Part B – Applicable to Professional Accountants in Public Practice Part C – Applicable to Employed Professional Accountants Required: Distinguish between ‘Professional Accountants’, ‘Professional Accountants in Public Practice’ and ‘Employed Professional Accountants’. (3 marks)