ACCA routinely increases fees for its members but provides little in return. Members in commerce and industry get nothing. Those in public practice are charged exorbitant fees. The magazine is poor and needs a subsidy of more than £1 million each year.

Yet the number of staff at ACCA continue to increase. Empires continue to be built.  These bureaucrats need plush offices, fat expense accounts and first class travel to roam the world. The salary costs alone increased by over £2

Here are some statistics

YEAR             STAFF           Salaries

2003                571                19,430

2002                487                15,566

2001                401                 12,926

2000                348