Q & A Database
The GIPS Standards Q&A database contains questions and answers (Q&As) on various searchable topics that provide additional interpretation on an issue. Q&As are considered to be authoritative guidance and must be followed in order to claim compliance with the GIPS standards.
Content from prior Q&As was included in the GIPS Standards Handbook as much as possible and many Q&As were archived. Change the Status drop-down filter to "Archived" to see the archived Q&As.
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ArchivedEffective: 30 September, 2015 - 31 December, 2019Categories: Firm Notification Requirement, VerificationSource: GIPS Technical Committee
What is the verifier’s responsibility with respect to the requirement that GIPS-compliant firms must notify CFA Institute of their claim of compliance with the GIPS standards annually by 30 June by submitting the GIPS Compliance Form which is available on the GIPS standards website?
The effective date of the requirement is 1 January 2015, with firms having until 30 June of each year to submit the GIPS Compliance Form. Verifiers need to test that the firm has met this requirement for verification reports dated on or after 1 July 2015.