Audit Program

RECBC audits brokerages and real estate professionals throughout BC. It is an important part of our mandate to protect real estate consumers.

Group of business people sitting around board room table

RECBC’s Audit program is responsible for continuously auditing brokerages and real estate professionals throughout BC, and evaluating filing of annual Accountant’s Reports.

RECBC’s Audit program ensures brokerages are operating in accordance with the Real Estate Services Act, Regulation and the Real Estate Rules is an important part of our mandate to protect real estate consumers.

During an audit, an RECBC auditor will:

ensure that each licensed brokerage has proper controls in place to protect trust monies at all times,

identify any deficiencies in the office operations and books and records required by the Real Estate Services Act (RESA), the Real Estate Services Regulation and the Real Estate Rules, and

provide constructive feedback to support the brokerage to fully comply with all legislated requirements.

Audit Process

Learn more about what to expect when you or your brokerage undergoes an audit.

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Accountant’s Reports

Learn about the requirements and steps for filing annual Accountants Reports.

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Questions about RECBC Audits?