“A Firm shall preserve the security of clients’ money entrusted to its care in the course of its practice or business.”
RICS Rules of Conduct for Firms
Part II Conduct of Business, Part 8
The above rule applies to all RICS regulated firms and is expected of any firm seeking to be registered for regulation by RICS. If you have never handled clients’ money or work for a newly RICS registered firm, it can be challenging to fully understand how to meet RICS requirements. This course will lay out the systems that a firm should have in place to demonstrate best practice in their management of client monies, ensuring that you and your clients are protected.
In a series of short videos and interactive modules, two RICS Professional Assurance Accountants explain what they expect to see in place in an RICS regulated firm, and highlight some of the key measures for you to implement. You will also cover several carefully selected issues that our accountants believe are significant to individuals/firms new to these processes (see Learning outcomes for further details).
If you wish to ensure that you are compliant when RICS Regulation visits, then this course will ensure you protect your firm and your reputation.