members of professional accounting bodies such as CAANZ, CAP Australia, ICAA, ICAEW, ICAS, and HKICPA are all bound by a code of Ethics. Describe the purpose of a code of Ethics.choose one professional accounting body and identify and describe the fundamental principles which form part of their code of Ethcics. )in your opinion, is it possible for members of professional accounting bodies to comply at all times with the fundamental principles?explain your answer