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: 1 October, 2007 - 31 December, 2013Categories: Performance History/Track RecordSource: GIPS Executive Committee
If there are changes to returns for periods prior to the firm’s claim of compliance, must the change be disclosed in the composite presentation?Currently there is not guidance addressing changes in returns. The firm must decide for itself what disclosures should be included. The firm must consider the underlying principles of the Standards of full and fair disclosure when determining a course of action.