Despite regular increases in subscriptions, ACCA members do not get
good service and support.
ACCA members do not receive a hard copy of the list of rules, members list or a free copy of accounting/auditing standards. ACCA does not provide a library for its members. The cost of providing an internet chat room is very small, but the ACCA does not even provide that.
So where does the money go? In addition to overpaid bureaucrats basking
in luxurious offices in city centers, the ACCA has recently spent more
than £100,000 on its annual bonding session. Council members and
their spouses, together with the bureaucrats and their spouses meet in
five-star hotels in London. With accomodation, food and drink for more
than 80 people, the cost is more than £100,000. ACCA's magazine and
annual report don't say anything about it. The money could be better spent
to provide the essential services for members.