Valuation of business and intangible assets

Mandatory competencies

You must achieve the minimum levels as set out below:

Level 3

• Ethics, Rules of Conduct and professionalism

Level 2

• Client care
• Communication and negotiation
• Health and safety

Level 1

• Accounting principles and procedures
• Business planning
• Conflict avoidance, management and dispute resolution procedures
• Data management
• Diversity, inclusion and teamworking
• Inclusive environments
• Sustainability

Core competencies

Level 3

• Accounting principles and procedures
• Asset identification and assessment
• Valuation of businesses and intangible assets
• Valuation reporting and research

Optional competencies

One to Level 3 or 2 to Level 2 from the list below

• Capital allowances
• Compulsory purchase and compensation
• Corporate finance
• Corporate recovery and insolvency
• Purchase and sale
• Taxation

Plus, 1 to Level 2 from the full list of technical competencies, including any not already chosen from the optional list.

Full details of the Valuation of businesses and intangible assets pathway are on the RICS website.