RICS Develops Basic Financial Planning Courses for Surveyors

AN ENTRY-LEVEL financial planning course has been developed by for its members by the Royal Institution of Chartered Surveyors (RICS), working with The Association of Accounting Technicians (AAT).

The Business Finance Basics course is a three-hour session consisting of six modules including video tutorials and interactive learning, which tests the knowledge of the student as they learn.

Some of the key topics the course covers include:

The basics of bookkeeping
The basics of financial statements
How to analyse financial statements
The basics of cash flow
The basics of budgeting
How to create a budget

Laura Pacey, Chief Commercial Officer at RICS, said: “Organising finance for the first time in any business is a daunting task and this fundamentals course helps RICS members master its key principles. Partnering with the globally respected AAT to deliver a rigorous and engaging finance course to our members was a natural choice, to provide a learning experience that enhances financial confidence going forth.

“A significant proportion of surveyors are sole proprietors where self-service finance is preferable, or work at boutique practices where a broad administrative skillset is especially valued. This course will unlock the world of finance, helping surveyors to make better decisions and grow their business, while reducing potential risks and overheads. It is a great introduction that prepares members for the more advanced finance courses for built environment professionals offered by RICS.”

Financial Planning Courses

Speaking of the vital financial literacy needed by all in business, Isla Billett at AAT, said: “This course gives members the confidence to manage bookkeeping, budgeting and cashflow effectively, helping them make informed decisions that support their business and clients.”

See more information about the course.

RICS will also host a free webinar with AAT to introduce the course to members in October.

RICS has more advanced courses for those who have already got to grips with the basics: