APC Mandatory Competencies – Module B: Business Skills

This APC revision module comprises of two units to choose from the list below and equates to 1 hour of formal CPD.

• Unit 1: APC Business Planning
• Unit 2: Accounting Principles and Procedures – UK
• Unit 3: Accounting Principles and Procedures – MENA

Once chartered, you may be promoted to a higher management role or decide to set up your own RICS regulated firm which is why you need to demonstrate a basic awareness of business skills during the interview.

This module will provide you with all the level 1 knowledge in Business Planning and Accounting Principles and Procedures. In addition, your APC trainer will explain you how to these mandatory competencies may be assessed within some of your level 2 and 3 technical competencies.

Advice to complete your summary of experience and examples of common APC questions are provided throughout the training videos. You will also be given access to associated study notes and revision materials.

As always, you are welcome to contact us by email if you have any questions after completing the unit.

APC Mandatory Competencies – Module B: Business Skills includes;

Unit 1: APC Business Planning

• Legislation and principles of law
• What is a business plan?
• Types and essential elements of Business Plans
• Market analysis
• Achieving business objectives

Unit 2: Accounting Principles and Procedures – UK

• Company Accounts & the Companies Act 2006
• Management accounts vs. Financial accounts
• Profit and loss statement vs. Balance sheet
• Cash flow statements
• Ratio analysis
• Spotting signs of Insolvency

Unit 3: Accounting Principles and Procedures – MENA

• Regulations in the UGC countries
• Management accounts vs. Financial accounts
• Profit and loss statement vs. Balance sheet
• Cash flow statements
• Ratio analysis
• Spotting signs of Insolvency