03-05-2010, 06:04 PM
NGOs and some others do open schools and so-called educational institutes by registering companies under section 42 of CO84. This way they get funds from donors and enjoy "peaceful" lives. You may find it hilarious but is a fact.
This is again answer to your query; I am not dragging ACCA specifically.
BTW Pakistani institute of CPA has also same structure and they may be earning good money for this effort.
Regards