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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Archived

Effective: 1 May, 2010 - 31 December, 2019

Categories: Early Adoption

Source: GIPS Executive Committee

We currently claim compliance with the GIPS standards (the 2005 edition). May we adopt selected portions of the 2010 edition of the GIPS standards before 1 January 2011 and not others?

For periods prior to 1 January 2011, compliant firms may continue to claim compliance with the 2005 edition of the GIPS standards. Firms may choose to early adopt selected new or revised requirements of the 2010 edition of the GIPS standards. However, a firm must not stop adhering to selected requirements of the 2005 edition of the GIPS standards that have been removed in the 2010 edition without adopting all of the requirements of the 2010 edition.