ACCA’s 1999 accounts and annual review remain silent on a number of issues. They provide no information about:
 

• The lawsuit in India
• The £300,000 lawsuit in the UK.
• The failure of the hostile take-over bid for CIMA and CIPFA. ACCA members suffered costs of £300,000.
• The subsidisation of students in China
• £50,000 spent by officeholders on taking their spouses with them on their overseas travels.
• ACCA’s 28% share of the costs for the new UK regulatory arrangements. The costs could be £5 million per annum.
• The out-of-court settlement with the former staff of ACCA - Malaysia.
• The out-of-court settlement with MACPA over the charge of  plagiarism in Malaysia which the ACCA chief executive admitted.
• The demands for greater autonomy in the USA, Hong Kong and Malaysia.
• In 1999, the net regulatory activity costs were £252,000 (£55,000 in 1998) i.e. the non-practising members subsidised the practising wing by £252,000. There is no explanation for this cross-subsidisation.