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.
The GIPS Standards Helpdesk is available for individual questions and typically responds to inquiries within 3 business days.
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ArchivedEffective: 1 May, 2010 - 31 December, 2019Categories: VerificationSource: GIPS Executive Committee
Our firm is verified. The claim of compliance for a verified firm in the 2010 edition of the GIPS standards has two paragraphs. May we combine the two paragraphs of the claim of compliance into one paragraph?
Yes, it is acceptable to combine both paragraphs of the required claim of compliance for a verified firm into a single paragraph. If a verified firm has also had a performance examination completed, the firm may similarly combine the respective paragraphs in the presentations for those composites that have had a performance examination.