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.

Search by category, status, date range, and/or keyword.

1 Result
  • Archived

    Effective: 1 March, 2006 - 31 December, 2013
    Categories: Fixed Income
    Source: GIPS Handbook, 2nd Edition

    Should the monthly increases in the value of zero coupon fixed-income securities be reported as interest income or capital gains and losses?

    Interest should be accrued for a security in the portfolio using whatever method is customary and appropriate for that security. Because the Standards do not require that the return on bonds be broken out between income and gain or loss, as long as the monthly change in value is reflected in the valuation of the security, the total return will be properly reflected.