The tremendous growth in the number of accountancy students in the 1960s and 1970s inevitably created an automatic increase in demand for the provision of accountancy education. The public sector was not able to satisfy that demand; so the private sector came into its own. Indeed, the number of places in the public sector for accountancy tuition was already strictly limited even before the recent cutbacks in public expenditure on further education. These cutbacks have seriously affected the provision for overseas accountancy students in particular, and it is this area which has shown — and will continue to show — phenomenal growth in the late 1970s and early 1980s.