Newsletter Archive: June 2008
GIPS Newsletter
GIPS Guidance Statement on Error Correction Approved
The GIPS Executive Committee is pleased to announce the release of the GIPS Guidance Statement on Error Correction (PDF). This Guidance Statement addresses errors related to GIPS compliant presentations and introduces new requirements and recommendations in this important area. This new guidance was recently adopted and is effective 1 January 2010. Firms are strongly encouraged to apply this guidance prior to the 1 January 2010 effective date. We also encourage all firms to read through the new document as soon as practical so as to allow enough time to implement any necessary changes.
GIPS Standards Conference and Workshop
The
GIPS Standards Annual Conference is scheduled for 25-26
September 2008 in Boston. This year's conference will cover key topics in
the performance measurement industry as well as a preview and
implications of the proposed changes to the GIPS standards. Last year's
conference sold out and space is limited, so register early.
A GIPS Standards Interactive Workshop in Boston precedes the annual conference and is scheduled for 24 September. The workshop will help participants master the requirements of the GIPS standards, including composite construction, performance calculation, and the creation of a compliant presentation.
For complete details and to register, please visit our website.
New Country Sponsor
The GIPS EC endorsed the Canadian Investment Performance Committee (CIPC) as the official Country Sponsor of the GIPS® standards for the Canadian market. An application for a Russian country sponsor also has been submitted and is under review.
Next GIPS Executive Committee In-Person Meeting
We are pleased to announce that the next open, in-person meetings of the GIPS Executive Committee and Americas Regional Investment Performance Subcommittees (RIPS) will be heldon 24 September 2008 at the Westin Copley Hotel in Boston, Massachusetts. We encourage you to keep up-to-date on the latest topics and developments with the GIPS standards by reviewing the materials provided in advance of those meetings. Visit our website in late August to view the meeting materials. These meetings are open to the public and if you are interested in attending, please send us an e-mail by 1 August 2008.
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