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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Effective

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1 Result

Archived

Effective: 1 January, 2014 - 31 December, 2019

Categories: Client Updates

Source: GIPS Executive Committee

We provide a compliant presentation to all prospective clients when we first meet with them. However, we often are in discussions with large prospective clients for many months, if not years. We send them updated composite information quarterly, but the updates do not include a compliant presentation. Must the quarterly updates include all required disclosures and presentation items?

No. Provided the firm has given a compliant presentation to a prospective client within the past 12 months, the firm may present other information that does not meet the requirements of the GIPS standards. A reference should be made that a compliant presentation is available upon request.

Please also see original Q&A
Please also see updated Q&A