isurv

Accounting

Accounting

All companies that deal with clients’ money need to be able to demonstrate to clients and other stakeholders, including their regulator, that their accounting methods are transparent, efficient and accurate.

Small and large companies all need effective processes and procedures and controls if this objective is to be achieved. This applies to all firms handling client money and will be helpful to property managers, letting agents, auctioneers and firms receiving client money to administer, for example project managers.

This section sets out the main requirements that all companies should consider to establish and maintain good accounting procedures and controls and to prevent problems arising. In addition it advises on fraud prevention and what to do if fraud is discovered.