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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Archived

Effective: 1 July, 2007 - 31 October, 2012

Categories: Recordkeeping

Source: GIPS Executive Committee

We present risk-adjusted returns as Supplemental Information within our presentation in compliance with the GIPS standards for our Growth and Income composite. Must we keep the data and information to support this supplemental information?

Firms are required to maintain records to support any data and information necessary to support the firm’s performance presentation (required and recommended provisions) and to perform the required calculations. Supplemental Information can take many forms. It is considered best practice for firms to maintain the records to support any data and information presented as Supplemental Information. Firms should also consider any regulatory requirements addressing recordkeeping requirements for any data and information presented to prospective clients or presented in advertisements.

Please also see updated Q&A