Ethics Flashcards

1
Q

What is an international standard?

A

A high level principle based mandatory standard developed in collab with other relevant organisations

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2
Q

Name some international standards

A

RICS Valuation - Global Standards 2019 (31st Jan 2019)

IPMS 2019

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3
Q

What is a professional statement?

A

Mandatory framework for surveyors

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4
Q

Name some professional statements

A

Conflicts of Interest, Global 2017
Conflicts of Interest - UK commercial property market investment agency, 2017
UK Commercial Real Estate Agency, 2016
Property Measurement, 2018

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5
Q

What is a practice statement?

A

Mandatory best practice advice for surveyors

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6
Q

Name some practice statements

A

Surveyors acting as Expert Witnesses, 2014

Surveyors acting as Advocates 2008

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7
Q

What is a guidance note?

A

A voluntary document provided by the RICS to promote good practice. RICS strongly recommends.

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8
Q

Name some guidance notes

A

Comparable Evidence in Real Estate Valuation, 2019
Surveying Safely, 2018
Depreciated Replacement Cost Method of Valuation for Financial Reporting, 2018

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9
Q

What is a code of practice?

A

A mandatory code that provides up to date research and advice to practitioners.

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10
Q

Name some codes of practice

A

Code of Measuring Practice, 2015

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